This thoroughly updated new edition of this title draws on a wealth of captivating applications to show readers how economics shed light on business, politics, world affairs, and everyday life.

This is the third edition of the highly successful and well-regarded Australian adaptation by Nilss Olekalns of Bernanke & Frank's Principles of Macroeconomics. The authors take a rigorous, theoretical approach that is nonetheless easy to follow and logical! It is full of practical examples and in-chapter exercises that allow students to check their understanding of the important concepts as they work through the chapter. Background Briefing and Thinking as an Economist vignettes contextualise economic theory in the 'real world', and current data presents students with a snapshot of the economy as it is right now. This edition has been streamlined in response to market feedback: the chapters on competitive advantage and the open economy have been merged into a single chapter and the chapter that covers all the important elements of introductory macroeconomics is now online. Coverage of the Global Financial Crisis has also been integrated throughout this edition. This text is for first-year students of economics or those taking it as a first subject in macroeconomics.

Check out preview content for Essentials of Economics here. Essentials of Economics brings the same captivating writing and innovative features of Krugman/Wells to the one-term economics course. Adapted by Kathryn Graddy, it is the ideal text for teaching basic economic principles, with enough real-world applications to help students see the applicability, but not so much detail as to overwhelm them. Watch a video interview of Paul Krugman here.

McConnell/Brue/Flynn has long set the standard for providing high-quality content to instructors and students all over the world. It has remained the most widely used principles of economics product as a result of persistent innovation. The 19th edition brought adaptive technology to the market for the first time with LearnSmart, a resource that ensures that every minute a student spends studying is the most efficient and productive time possible. Feedback from users in combination with the analysis of student performance data from the 19th edition’s digital products significantly informed the revision of the 20th edition, resulting in a product expertly tailored to the needs of today’s students. With the 20th edition, students and instructors will benefit from a new offering that expands upon the dynamic and superadaptive capabilities of LearnSmart: SmartBook, the first and only adaptive eBook. McConnell/Brue/Flynn’s tradition of innovation continues with the 20th edition, providing market-leading content and digital mastery to benefit today’s learners.