Note: The content below was not generated by Educational Research Analysts. It was originally
published on the now defunct website of Bill Peacock,

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Grades for Texas Economic Textbooks Adopted in 2002

PublisherTitle & Author(s)CategoryGrade
Glencoe/McGraw-HillEconomics: Principles and
, TX Edition – Clayton
Glencoe/McGraw-HillEconomics: Today and Tomorrow,
TX Edition – Miller
Holt, Reinhart, and Winston
Holt Economics, TX Edition –
Prentice Hall
(Pearson Education, Inc.)
Economics: Principles in Action,
TX Edition – O'Sullivan/Sheffrin
Harcourt (South-Western/
Thomson Learning)
Principles of Macroeconomics,
2/E – Mankiew
AP MacroeconomicsPass
Harcourt (South-Western/
Thomson Learning)
Principles of Microeconomics,
2/E – Mankiew
AP MicroeconomicsPass
McGraw-Hill Irwin (Glencoe)Economics: Principles, Problems,
and Policies
– McConnell/Brue
AP Macroeconomics
AP Microeconomics

The people below have reviewed at least one of these economic books up for adoption. Since we have focused on the four books for use in the regular economics classes, we will give them a letter grade, and use pass/fail for all the rest.

All of the books do a fairly good job of using definitions, pictures, charts and graphs to survey the various schools of popular economic thought. However, some of the books do a much better job than others of incorporating classical and modern economic thought that give teachers an understanding and appreciation of the free market's poverty destroying power of wealth creation.

For instance, a few of the books actually point out that the main impact of the minimum wage is putting low-skilled workers – usually black, male teenagers – out of work. Others do a good job of explaining the role of the entrepeneur in creating wealth and maintaining a growing company.

Thus the ratings of the books are ultimately based on how well they meet the requirements of Section 28.002(h) of the Education Code of being able to:

prepare thoughtful, active citizens who understand the importance of patriotism and can function productively in a free enterprise society with appreciation for the basic democratic values of our state and national heritage.

Reviewers had different opinions about how well or poorly each of these books achieved this goal. The grades above reflect an average of these opinions.

Economics Textbook Reviewers

Brian Esway, AustinBill Peacock, Austin
Dave Garthoff, Akron, OhioGeorge Rodgers, Austin
Thad Hickman, AustinHans Senholz, Grove City, PA
Ken Hicks, AustinByron Schlomach, Austin
Frank Mazza, AustinJordan Weingarten, Austin
Karen Mazza, AustinLyn Weingarten, Austin
Michael Miller, AustinJim Windham, Austin
Julie Partridge, Austin