• Solved Problems provide models of how to solve an economic problem by breaking it down step-by-step.  Each Solved Problem includes a problem statement, delineated steps to solve the problem, a graph, and a "Your Turn" feature directing students to a related end-of-chapter problem(s) for immediate practice. This keeps students focused on the main ideas of each chapter, and prevents them from getting bogged down due to a lack of basic math or "word problem" skills.  

• Additional Solved Problems are provided throughout the materials that support the textbook.  Students can access additional, interactive versions at the MyEconLab site and in the print study guide.  Instructors can walk students through solved problems using provided interactive PowerPoint solutions, and/or by utilizing the additional solved problems provided in the Instructors Manual (and tied to the relevant chapters).

• More Flexible Presentation of Aggregate Demand and Aggregate Supply. We received much positive feedback on our approach to the aggregate demand–aggregate supply model in the first edition.  We also received some recommendations on how to make the discussion more flexible.  Plus, we’ve added a Layered, Full-Color Acetate for the Dynamic AD-AS Model and we have Basic AD-AS Graphs That Make It Possible to Omit Dynamic AD-AS.

• Chapter-Opening Cases about how the economics about to be learned impact a real business (a) set a real context for learning (b) spark students' interest (c) provide a unifying theme for the chapter.  For example, Chapter 3 - "Where Prices Come From: The Interaction of Demand and Supply", opens with a discussion Apple Computers and the Demand for iPods.

• An Inside Look concludes chapters with a newspaper article illustrating how a key principle taught in the chapter was used by the chapter-opening case company to make a real business decision.  The authors provide an analysis of the article, corresponding graph(s), and Thinking Critically exercises.  For example, the Inside Look of Chapter 3 shows how Apple Computers, utilizing knowledge of supply and demand laws came to produce the iPhone.  Students (a) see how businesses use economics (b) gain a better understanding of the business climate (c) learn to critically read and analyze newspaper articles.

• Personal Dimension: Economics in Your Life feature in each chapter opener to create a personal dimension to the material for students.  This feature poses questions to students that they can think about, and the end of the chapter the authors answer the questions posed.

Glenn Hubbard policymaker, professor, and researcher.

R.Glenn Hubbard is the Dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and Professor of Economics in Columbia’s Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Closed-End Funds, Dex Media, Duke Realty, KKR Financial Corporation, and Ripplewood Holdings. He received his Ph.D. in economics from Harvard University in 1983. From 2001–2003, he served as Chairman of the White House Council of Economic Advisers, and from 1991–1993, he was Deputy Assistant Secretary of the U.S. Treasury Department. Glenn Hubbard’s fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 90 articles in leading journals, including the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Political Economy, Journal of Public Economics, Quarterly Journal of Economics, RAND Journal of Economics, and Review of Economics and Statistics. His research has been supported by grants from the National Science Foundation, the National Bureau of Economic Research, and numerous private foundations.

Tony O’Brien award-winning professor and researcher.

Anthony Patrick O’Brien is a professor of economics at Lehigh University. He received his Ph.D. from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 15 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of California, Santa Barbara, and the Graduate School of Industrial Administration at Carnegie Mellon University. Anthony O’Brien’s research has dealt with such issues as the evolution of the U.S. automobile industry, the sources of U.S. economic competitiveness, the development of U.S. trade policy, the causes of the Great Depression, and the causes of black–white income differences. His research has been published in leading journals, including the American Economic Review, the Quarterly Journal of Economics, the Journal of Money, Credit, and Banking, Industrial Relations, and the Journal of Economic History. His research has been supported by grants from government agencies and private foundations. In addition to teaching and writing, Anthony O’Brien also serves on the editorial board of the Journal of Socio-economics.

• Economics, Updated Edition, 2/E

• MyEconLab with Pearson eText -- Access Card -- for Economics, Updated Edition, 2/E