Economics

Economics is a clear, straightforward writing with annotated graphs and real-life examples that drive students' interest in modern economic theory. This book is the first to cover long-run fundamentals before short-term economic fluctuations. It helps students understand the basic determinants of growth before introducing fluctuations that can occur even during periods of steady growth. It contains an in-depth description of an experimental double-oral auction that provides a unique perspective on people's economic interactions with the market.