"This is the 13th edition of a text that has enjoyed a flattering market success, having been adopted by more than 700 colleges and universities throughout the United States, Canada, and other English-speaking countries. The text has also been translated into Chinese, French, Greek, Indonesian,...

Preface -- Introduction to economics and the economy -- Limits, alternatives, and choices -- The market system and the circular flow -- Price, quantity, and efficiency -- Demand, supply, and market equilibrium -- Market failures: public goods and externalities -- Government's role and government...