Principles of Economics

For principles of economics courses.

An intro to the functioning of the economy and the power and breadth of economics

Reviewers tell us that Case, Fair, and Oster's Principles of Economics is one of the all-time bestselling principles of economics texts because they trust it to be clear, thorough and complete. Readers come away with a basic understanding of how market economies function, an appreciation for the things they do well, and a sense of things they do...
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For principles of economics courses.

An intro to the functioning of the economy and the power and breadth of economics

Reviewers tell us that Case, Fair, and Oster's Principles of Economics is one of the all-time bestselling principles of economics texts because they trust it to be clear, thorough and complete. Readers come away with a basic understanding of how market economies function, an appreciation for the things they do well, and a sense of things they do poorly.

The 13th Edition features the latest research and new exercises. Students begin to learn the art and science of economic thinking and start to look at some policy, and even personal decisions, in a different way.

Hallmark features of this title

A history of excellence in economic content and application

• A 3-tiered explanation of key concepts uses intuitive stories, tables, graphs and equations to present concepts with a mathematical formula. This lets instructors effectively cover large amounts of material and helps students understand it.
• Concept Checks act as speed bumps that encourage students to stop and check their understanding of fundamental terms and concepts before moving on.

Comprehensive micro models and the latest macro research

• Keynesian Cross material is integrated throughout the text and builds up to the AD/AS model. This way, students won't mistakenly apply what they've learned about simple demand and supply to aggregate demand and supply.

New and updated features of this title

A history of excellence in economic content and application

• NEW and REVISED: More thorough discussion of important topics and issues has been added to the 13th Edition.
• UPDATED: Different research methodologies of economics are further examined, giving students a sense of what these methodologies are and how to apply them.
• UPDATED: End-of-Chapter Critical-Thinking Questions and Problems reinforce principles and give students the opportunity to practice what they've just learned.

Learner-focused resources

• UPDATED: Real-world examples and applications illustrate and reinforce key economic concepts.
• UPDATED: Economics in Practice boxes focus on recent research and events that support key chapter concepts. This helps students make connections between what they learn in class and how it can apply to their jobs in the real world.