Economics: Explore and Apply and Companion Website PLUS

Written to help readers learn the language of economics, this book, packed with real-world examples and applications, helps bring the subject to life. It encourages an understanding of economic concepts in relation to personal, business, and social issues, allowing readers to analyze current world events and draw their own conclusions. This book explains the economic landscape by covering such topics as production and trade; supply and demand; pricing; unemployment; inflation; macroeconomics; fiscal policy; economic growth; money and monetary policy; microeconomics; consumer behavior; competition; monopoly and antitrust; labor markets; earnings and income distribution; market failure; and the global economy. An excellent reference book for professionals in the field of economics.