The purpose of Economics for Today, Seventh Edition, is to teach, in an engaging style, the basic operations of the U.S. economy to students who will take a two-term economics course. Rather than taking an encyclopedic approach to economic concepts, Economics for Today focuses on the most important tool in economics—supply and demand analysis—and applies it to clearly explain realworld economic issues.
Every effort has been made to make Economics for Today the most “student friendly” text on the market. This text was written because so many others expose students to a confusing array of economic analyses that force students to simply memorize in order to pass the course. Instead, Economics for Today presents a straightforward and unbiased approach that effectively teaches the application of basic economic principles. After reading this text, the student should be able to say “now that economics stuff in the news makes sense.”
CONTENTS
Part 1: Introduction to Economics
Part 2: Microeconomic Fundamentals
Part 3: Market Structures
Part 4: Microeconomic Policy Issues
Part 5: The International Economy
Appendix
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