Economics: Private and Public Choice

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ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, reflects current economic conditions, enabling students to apply economic concepts to the world around them. The up-to-date text includes analysis and explanation of measures of economic activity in today's market. It also includes highlights of the recession of 2008-2009, and an in-depth look at the lives and contributions of notable economists. ECONOMICS: PRIVATE AND PUBLIC CHOICE dispels common economic myths. The text uses the invisible hand metaphor to explain economic theory, demonstrating how it works to stimulate the economy.
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Contents

The Economic Way of Thinking
1
Markets and Government
41
Core Macroeconomics
129
International Economics
355
Core Microeconomics
397
Applying the Basics Special Topics in Economics
565
General Business and Economics Indicators for the United States
701
Answers to Selected Critical Analysis Questions
708
Glossary
726
Index
737
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