Introduction to Economic Reasoning

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Introduction to Economic Reasoning, Second edition has been thoroughly updated to reflect key changes in international and domestic issues. Topics such as the collapse of the Soviet Union, the rising costs of health care, the United States recession, and the federal deficit have been incorporated into the revision through new “Use Your Economic Reasoning” selections, which use up-to-date news articles to illustrate the value of economic reasoning. In addition, the macro model has been revised and simplified to make coverage of aggregate demand-aggregate supply easier and more flexible. The text retains many popular features of the first edition, including the built-in study guide, chapter summaries, and a glossary of new terms at the end of each chapter.

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