Pedagogical Aids

In teaching theory or its applications, a textbook must be a solid motivational tool.

To this end, I have incorporated a wide variety of pedagogical features to make the material easy to learn:

1. Previews at the beginning of each chapter tell students where the chapter is heading, why specific topics are important, and how they relate to other topics in the book.

2. Applications, numbering more than 50, demonstrate how the analysis in the book can be used to explain many important real-world situations. A special set of applications, called "Reading the Wall Street Journal," shows students how to read daily columns in this leading financial newspaper.

3. "Following the Financial News" boxes introduce students to relevant news articles and data that are reported daily in the press, and explain how to read them.

4. "Inside the Fed" boxes give students a feel for what is important in the operation and structure of the Federal Reserve System.

5. Global boxes include interesting material with an international focus.

6. E-Finance boxes relate how changes in technology have affected financial markets or institutions.

7. Special-interest boxes highlight dramatic historical episodes, interesting ideas, and intriguing facts related to the subject matter.

8. Study Guides are highlighted statements scattered throughout the text that provide hints to the student on how to think about or approach a topic.

9. Summary tables provide a useful study aid in reviewing material.

10. Key statements are important points set in boldface italic type so that students can easily find them for later reference.

11. Graphs with captions, numbering more than 150, help students clearly understand the interrelationship of the variables plotted and the principles of analysis.

12. Summary at the end of each chapter lists the main points covered.

13. Key terms are important words or phrases, boldfaced when they are defined for the first time and listed by page number at the end of the chapter.

14. End-of-chapter questions and problems, numbering more than 400, help students learn the subject matter by applying economic concepts, including a special class of problems that students find particularly relevant, under the heading "Using Economic Analysis to Predict the Future."

15. Web Exercises encourage students to collect information from online sources or use online resources to enhance their learning experience.

16. Web sources report the Web URL source of the data used to create the many tables and charts.

17. Marginal Web references point the student to Web sites that provide information or data that supplement the text material.

18. Glossary at the back of the book provides definitions of all the key terms.

19. Answers section at the back of the book provides solutions to half of the questions and problems (marked by *).

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