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- Combines a familiar curriculum with material from new research and applied areas such as finance, behavioral economics, and the political economy. 

- Delivers core economic concepts along with exciting new ideas in economic though and strives to keep students engaged by confronting issues that are important in the world.

- Connect: A highly reliable, easy-to-use homework and learning management solution that embeds learning science and award-winning adaptive tools to improve student results. 

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Table of Contents

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Program Details

PART 1  The Power of Economics
1 Economics and Life
2 Specialization and Exchange
PART 2  Supply and Demand
3 Markets
4 Elasticity
5 Efficiency
6 Government Intervention
PART 3  Individual Decisions
7 Consumer Behavior
8 Behavioral Economics: A Closer Look at Decision Making
9 Game theory and Strategic Thinking
10 Information
11 Time and Uncertainty
PART 4  Firm Decisions
12 The Costs of Production
13 Perfect Competition
14 Monopoly
15 Monopolistic Competition and Oligopoly
16 The Factors of Production
17 International Trade
PART 5  Public Economics
18 Externalities
19 Public Goods and Common Resources
20 Taxation and the Public Budget
21 Poverty, Inequality, and Discrimination
22 Political Choices
23 Public Policy and Choice Architecture
PART 6  The Data of Macroeconomics
24 Measuring GDP
25 The Cost of Living
PART 7  Labor Markets and Economic Growth
26 Unemployment and the Labor Market
27 Economic Growth
PART 8  The Economy in the Short and Long Run
28 Aggregate Expenditure
29 Aggregate Demand and Aggregate Supply
30 Fiscal Policy
PART 9: The Financial System and Institutions
31 The Basics of Finance
32 Money and the Monetary System
33 Inflation
34 Financial Crisis
PART 10: International Policy Issues
35 Open-Market Macroeconomics
36 Development Economics