Everyone agrees that they only way to learn economics is to do it. Rote memorization does not work. The keys to success in economics are active involvement and working problems. To help students succeed, the Bade/Parkin package is designed to encourage learning by doing. After all, practice makes perfect!
Practice is the cornerstone of the innovative Bade/Parkin approach. Each chapter of Foundations of Economics concentrates on a manageable number of core concepts. A full page Checkpoint―containing a Practice Problem with solution and a parallel Exercise―immediately follows each main idea. Checkpoints serve as stopping points and encourage students to practice using a concept before moving on.
Different learning styles need different learning tools, and eFoundations, Bade/Parkin's extensive web environment, puts students in the driver's seat and allows them to use technology in the way that suits them best.
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Robin Bade was a high school teacher in math and physics before enrolling at the Australian National University, where she graduated with a Ph.D. in economics. Since then, she has held faculty appointments at Bond University in Australia, University of Edinburgh in Scotland, and Universities of Manitoba, Toronto, and Western Ontario in Canada.
Bade¿s research has appeared in the International Economic Review and the Economic Record. In a joint effort with her husband, Michael Parkin, the couple created the Bade-Parkin index of central bank independence that spawned a vast amount of further research. Their pioneering work has contributed to the movement towards greater independence of central banks around the world.
Bade currently teaches at the University of Western Ontario, and is dedicated to the challenge of explaining economics ever more clearly to an ever-expanding body of students.
Michael Parkin began teaching immediately after graduating with a B.A. from the University of Leicester, England. He has taught economics all his professional life, and is currently professor of economics at the University of Western Ontario in Canada.He is past president of the Canadian Economics Association, and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics.Parkin has conducted extensive research, both on his own and with his wife, Robin Bade, which has resulted in more than 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, and the Review of Economic Studies, among others He is the author of the best selling textbook, Economics, now in its sixth edition.
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