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ISBN10: 1266743022 | ISBN13: 9781266743023

* The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.
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The 2024 Release of Economics was a transformative update to empower students in reshaping their world. With a fresh print edition, updated eBook/SmartBook, and enriched Connect® digital content, it seamlessly blends traditional and digital learning. The revision advocated for personal and public change, presenting economics as a tool for societal improvement. It prompts students to think like economists, inspiring them to devise solutions for a better world. This educational experience erases boundaries between the classroom and reality, grounded in the latest empirical evidence, data, and research. The 2025 release introduces all new tools for studying, working with data, and using pop culture to teach economics.
PART 1: THE POWER OF ECONOMICS
1. Economics and Life
2. Specialization and Exchange
PART 2: SUPPLY AND DEMAND
3. Markets
Appendix B: Math Essentials: Working with Linear Equations4. Elasticity
Appendix C: Math Essentials: Calculating Percentage Change,
Slope, and El
5. Efficiency
Appendix D: Math Essentials: The Area Under a Linear Curve
6. Government Intervention
MICROECONOMICS THINKING LIKE A MICROECONOMIST
PART 3: INDIVIDUAL DECISIONS
7. Consumer Behavior
Appendix E: Using Indifference Curves
8. Behavioral Economics A Closer Look at Decision Making
9 Game Theory and Strategic Thinking
10 Information
11 Time and Uncertainty
Appendix F: Math Essentials: Compounding
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
MACROECONOMICS THINKING LIKE A MACROECONOMIST
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
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