An Introduction to Economics

This introductory text should be ideal for students following a wide variety of courses who are not going on to specialize in economics. The book assumes no prior knowledge of economics. It contains learning aids such as end-of-chapter questions, summaries, lists of key terms, and frequent use of illustrative material. Introducing students to some of the key concepts used by economists, the text shows how economics can be used to analyze a variety of important social and economic issues. To this end, concepts are often introduced in the context of real world applications, and many of the macroeconomic themes are presented in the context of their historical development. Brevity has been achieved by including only those economic concepts which are the most useful for aiding students' understanding of real events and policies. This book is intended for undergraduate non-economics majors taking an introductory course in economics, including for example social sciences, engineering, and mathematics students.