Economics principles and applications

Abstract

Straightforward and easy-to-understand, this comprehensive text equips readers with a solid foundation in economics that they can build upon wherever their career paths may lead. Hall and Lieberman's careful focus on important economic theories and applications, and how they relate to practical questions, effectively conveys the message that economics is an integrated, powerful body of knowledge that can address complex domestic and global issues. A wealth of interactive online exercises, graphing applications, and research resources give students hands-on experience in understanding current economic issues.Bridge chapter on economic fluctuations gives students a great introduction to the concepts of long run growth and short run fluctuations and the relationships between these two ideas.