Readers learn best when they see a concept applied in the context of examplestheyunderstand. That is whyEconomics Todayis so successful when readers hail from a wide variety of backgrounds. An abundance of relentlessly current, news-worthy examples motivate every chapter and reflect the interests of todayrs"s diverse reader population. Introduction:The Nature of Economics; Scarcity and the World of Trade-Offs; Demand and Supply; Extensions of Demand and Supply Analysis; The Public Sector and Public Choice; Taxes, Transfers, and Public Spending;Introduction to Macroeconomics and Economic Growth:The Macroeconomy: Unemployment, Inflation, and Deflation; Measuring the Economyrs"s Performance; Global Economic Growth and Development;Real GDP Determination and Fiscal Policy:Real GDP and the Price Level in the Long Run; Classical and Keynesian Macro Analyses; Consumption, Real GDP, and the Multiplier; Fiscal Policy; Deficit Spending and the Public Debt;Money, Stabilization, and Growth:Money, Banking, and Central Banking; Money Creation and Deposit Insurance; Domestic and International Dimensions of Monetary Policy; Stabilization Policies in the Global Economy; Policies and Prospects for Global Economic Growth;Global Economics:Comparative Advantage and the Open Economy; Exchange Rates and the Balance of Payments. For all readers interested in principles of macroeconomics.