Mastering the study of economics has never been easier. "Principles of Economics, 15e, International Edition" introduces you to the fundamentals of macro- and microeconomics, while addressing some of the most stimulating topics affecting the world today. "Principles of Economics, 15e, International Edition" covers timely issues like monetary policy, monopolies, and the labor market, as well as the recent financial market collapse and housing crises. This streamlined and straightforward text also includes access to InfoTrac College Edition and Economic Applications, two online applications that can save you time and money, while helping you succeed in your course!

Table of Contents

1. The Nature and Scope of Economics. 2. Scarcity and Choice. 3. The U.S. Economic System. 4. Price: The Role of Demand and Supply. 5. Production, Cost, and Profit. 6. Perfect Competition. 7. Monopoly. 8. Monopolistic Competition and Oligopoly. 9. The Labor Market, Employment, and Unemployment. 10. Income Distribution. 11. The Circular Flow and National Income Accounts. 12. Business Cycles. 13. Macroeconomic Models and Analysis. 14. Money in the U.S. Economy. 15. The Federal Reserve and the Money Supply. 16. Macroeconomic Policies. 17. Taxation, Budgetary Policy, and the National Debt. 18. International Trade and Aid. 19. The Balance of International Payments.