Books in this series are designed for classroom use, summarizing key concepts and presenting review questions with answers and explanations. This new edition:

• Defines economics
• Demonstrates the uses of graphs
• Discusses the law of supply and demand
• Covers macroeconomics topics including national output, inflation, unemployment, aggregate demand and supply, the Keynesian model, monetary policy, and more
• Covers microeconomics topics including monopolies, forces that promote competition, game theory, labor markets and unions, government spending and taxation, and more.