Schillers Essentials of Economics is the market leader for the one-semester survey course, praised for its strong policy focus and core theme of seeking the best possible answers to the basic questions of What, How, and For Whom to produce. The 9th edition is benefited by SmartBook, the first adaptive reading experience designed to engage students with the content in an active and dynamic way, as opposed to the passive and linear reading experience they are used to. As a result, students are more likely to master and retain important concepts in the survey course. As in previous editions, students are confronted early on with the reality that the economy doesnt always operate optimally, either at the macro or micro level, and are encouraged to examine the policy challenge of finding the appropriate mix of market reliance and government regulation that generates the best possible outcomes. In addition to the suite of resources available within Connect Economics, over 100 key topics are reinforced with interesting and innovative videos on YouTube, provided to help non-majors see the relevance of economics.
Section I: Basics Chapter 1 The Challenge of Economics Chapter 2 The U.S. Economy Chapter 3 Supply and Demand Section II: Microeconomics Chapter 4 Consumer Demand Chapter 5 Supply Decisions Chapter 6 Competition Chapter 7 Monopoly Chapter 8 The Labor Market Chapter 9 Government Intervention Section III: Macroeconomics Chapter 10 The Business Cycle Chapter 11 Aggregate Supply and Demand Chapter 12 Fiscal Policy Chapter 13 Money and Banks Chapter 14 Monetary Policy Chapter 15 Economic Growth Chapter 16 Theory and Reality Section IV: International Chapter 17 International Trade