The sixth edition of Essentials of Economics, through coverage of the basic principles of modern micro-and macroeconomics, shows how economic theory can be used to explain these events. If students are to learn both micro-and macroeconomics in one course, it is better to learn the essentials well the to be overwhelmed by an excessive amount of over-specialized materials, This book is designed for a one-semester course, but it can be used in two semester micro-macro sequences in combination with assigned readings.
Part 1 Introduction to Economics
Part 2 Essentials of Microeconomics
Part 3 Microfoundations of Macroeconomics
Part 4 Essentials of Macroeconomics
Part 5 International Economics