The Eighteenth Edition builds upon the tradition of leadership by sticking to three main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting interest in economics and economy.

AP Correlation - Macroeconomics
AP Correlation - Microeconomics

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Features:


NEW! Micro First Organization. The Eighteenth Edition's organization now places micro chapters first to reflect how contemporary economists are thinking about the linkage between micro and macro economics. Chapters are still written in a self-contained manner so that an instructor could still choose to cover chapters in any order they prefer.

NEW! Updated, Contemporary Macroeconomics. The entire macro analysis in the Eighteenth Edition reflects the modern, ominant paradigm. It uses economic growth as the central backdrop, and views business fluctuations as significant and costly variations in the rate of growth.

NEW! Four New Chapters. Four chapters—two micro and two macro—incorporate contemporary analytical themes and address current economic issues. These chapters include: Chapter 15 Natural Resource and Energy Economics, Chapter 22 Immigration, Chapter 23 Introduction to Macroeconomics and Chapter 34 Financial Economics.