affected our economy: the Presidential Election, the impact of the 9/11 tragedy, and the recession that we are all living through on a daily basis. This updated edition provides access to the most current economic information available. Written by two highly respected economists and educators, the book uses the stories, graphs, and equations approach to make economic concepts accessible and relevant to readers with various learning styles. A seven-part organization covers an introduction to economics, foundations of microeconomics: consumers and firms, market imperfections and the role of government, concepts and problems in macroeconomics, the goods and money markets, and macroeconomic analysis, and the world economy. For a thorough understanding of economic principles.

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