For Principles of Economics courses. Questions that drive interest, applications that illustrate concepts, and the tools to test and solidify comprehension. Students come into their first Economics course thinking they will gain a better understanding of the economy around them. Unfortunately, they often leave with many unanswered questions. To ensure students actively internalize economics, O'Sullivan/Sheffrin/Perez use chapter opening questions to spark interest on important economic concepts, applications that vividly illustrate those concepts, and chapter ending tools that test and solidify understanding.
1. Introduction and key principles
2. The basic concepts in macroeconomics
3. The economy in the long run
4. Economic fluctuations and fiscal policy
5. Money, banking, ang monetary policy
6. Inflation, unemploment, and economic policy
7. The international econmy
8. A closer look at demand and supply
9. Market structures and pricing
10. Externalities and lnformation
11. The labor market and lncome distribution