Economics: An Introductory Analysis.

This text's fundamental impact on the opinions and approaches of today's most influential economists is extraordinary. Upon publication it immediately became the authority for the principles of economics courses. The book continues to be the standard-bearer for principles courses, and continues to be a clear, accurate, and interesting introduction to modern economics principles. The New York Times considered Samuelson to be the "foremost academic economist of the 20th century." Samuelson was one of the developers of both neo-Keynesian and neoclassical economics, the latter of which still dominates mainstream economics. "More than anyone else he bears responsibility for the mathematical bent of economics in the late 20th century In all his professional work, Samuelson sought to provide mathematical underpinnings for economic ideas, believing that economic theory without formalizations was unsystematic and unclear" (Pressman, Fifty Major Economists, 162-63). Samuelson was awarded the Nobel Memorial Prize in Economic Sciences for having written considerable parts of economic theory.