Mastering the study of economics has never been easier. BASIC ECONOMICS introduces you to the fundamentals of macro- and microeconomics, while addressing some of the most stimulating topics affecting the world today. BASIC ECONOMICS covers timely issues like monetary policy, monopolies, and the labor market, as well as the recent financial market collapse and housing crises. This streamlined and straightforward text also includes access to InfoTrac College Edition and Economic Applications, two online applications that can save you time and money, while helping you succeed in your course!