Introduction to Economics

This text is the first book explicitly designed for the one-term, principles-level coursecovering both micro and macroeconomics, and can also be used for two-term or full-year courseswhere a very concise, focused treatment is desired. This is NOT a cursory "survey" text;rather, it carefully selects and fully explains all of the core topics essential to theprinciples course with a rigorous and analytical treatment of all introductory economicconcepts. It presents economics as a unified subject in which the macroeconomics chaptersbuild on, and flow from, the key microeconomic principles established in the first half of thebook.