Skip to main content

Third Edition of Mixon's Principles of Microeconomics Textbook Hits Shelves

The third edition of Turner College economist Frank Mixon's textbook, Principles of Microeconomics, recently published. This edition replaces the previous one, which published in 2022. In speaking with Turner Business, Mixon explained that the new edition contains additional material related to human capital theory, as it discusses research indicating that physical attractiveness has been found to boost the earnings of residential real estate brokers. Additions were also made to the textbook's discussion of comparative advantage. On this topic Mixon included discussions about the performance and pay associated with different types of running backs in the NFL and whether power hitting or pitching was Babe Ruth's comparative advantage. In the chapters on demand and supply, the textbook includes the results from classroom experiments concerning the market demand for Apple iPods and the overall market for extra credit points. In the chapter on production and costs, Mixon's book explains how the lessons of specialization and the division of labor can be taken from popular media, as it uses the recent Apple+ television series, Masters of the Air, to explore these concepts. Lastly, Mixon explained to Turner Business that work on textbooks seem to never end, as he is already planning updates to the text in preparation for the fourth edition.

Comments

Popular posts from this blog

Four Turner College Faculty Recognized for Outstanding Teaching

CSU Head Women's Soccer Coach Jay Entlich recently released a list of CSU faculty who have been chosen by a player as a member of the CSU faculty who has impacted the player in a positive way along their journey at CSU. Four Turner College faculty were included on the list, along with the player who nominated each. Management professor Phil Bryant was named by Sophia Leal , a freshman midfielder from Oxford, Georgia. Sophia attended Eastside High School and was a two-time all-region selection during her high school career. Through the first 10 games of 2024, she has scored one goal and recorded three assists.         Next, management professor John Finley was named by Lizz Forshaw , a graduate student forward from Stockton, England. Lizz, who attended IMG Academy in south Florida, has scored four goals and recorded four assists this season. During her senior year in 2023, she scored three goals and recorded two assists. As a junior in 2022, Lizz scored three goals ...

Turner College Grad Publishes Academic Study on Corporate Culture and Strategy

Former Turner College student Tamara Todorova , now an associate professor of economics at American University in Bulgaria (AUB), recently published a study on corporate culture and strategy. Todorova earned an MBA from the Turner College in 1996 and then went on to earn a doctorate in international economics from the University of Economics - Varna in 2001. She has been on the faculty at AUB since August of 2000. Todorova's study, which appears in the current issue of the International Journal of Business Performance Management , investigates how corporate culture helps to economize on the transaction costs of internal organization. As she explains, the dimensions of corporate culture that assist in this task include increasing trust and reducing intrafirm opportunism. Todorova's study demonstrates that setting common goals and a common direction reduces the sizeable costs of internal organization. Tamara's prior research appears in Economics of Transition , International ...

Hammer joins Turner College Finance Faculty

The Turner College's Department of Accounting and Finance welcomes Melissa Ingle Hammer , who joins the group as an adjunct faculty in finance.  Hammer graduated from the Turner College in 2005, after earning a BBA in finance. She later went on to earn an MBA from Auburn University, a Specialist Certificate in Conduct Risk from the University of Manchester, a Certificate in Team Culture from the University of Pennsylvania, and a Certificate in Executive Presence from Cornell University. Hammer is the SVP of Fair Lending Product Management with RiskExec at Asurity. She previously worked as Compliance Manager of Fair Lending at Synovus, a senior regulatory consultant with Wolters Kluwer, and as VP of Compliance at TD. This semester Hammer will be teaching FINC 3135, Financial Institutions and Technologies. Turner Business  welcomes Melissa and wishes her a great first semester in the Turner College.