Summary: Steve Slavin’s lively and comprehensive Economics student-friendly and step-by-step approach, couple with its low price and built-in Study Guide are very attractive to adopters. Instructors and students like the author’s humorous anecdotes, direct language, and easy conversational style. The text is interactive and encourages active rather than passive reading. With the help of over 15 reviewers, this new edition is not only more streamlined (33 c ...show morehapters, instead of 35) and up-to-date, it also introduces global perspectives to many discussions early on and throughout the text. In a positive tone, the author discusses the impact of technology and e-business on the recent economic expansion. A new interior design reflects the contemporary flavor that this traditional text now possesses.
Questions answered: The author has revised and increased the number of Questions for Further Thought and Discussion at the end of each chapter. He has provided answers to these questions, which can now be found in the improved Instructor's Manual.
Graphs explained: Explanatory captions have been added to more than two-thirds of the graphs in the text.
New International Icon: An International Icon alerts the reader throughout the text to global perspectives found in the discussion at hand.
The Test Bank (co-author Jim Watson, Jefferson College) contains over 8,500 test questions, including 2,500 new and revised questions 22% more questions than in 5e.
The Instructor's Manual (co-author Mark Maier, Glendale Community College) contains new sections with print and web resources, teaching ideas for lectures and collaborative learning group exercises.
Chapters 3 and 17 are now combined into a single supply and demand chapter and placed where Chapter 3 is now. Chapter 3 contains sections on reading supply and demand curves. The new Chapter 17 concentrates on drawing supply and demand curves.
New Chapter 17 is a combination of Chapters 17, 18, and 20 from the previous edition and is titled Demand, Supply and Equilibrium.
Chapters 18 (The Elasticities of Demand and Supply), Chapter 20 (Cost), and Chapter 21 (Profit Maximization) are new chapters based on material from Chapters 18, 20, 21, and 22 of the fifth edition.
The book reviews math that students should have learned in middle school. The better prepared students can skip this material, but this review enables all students to start on a level playing field in the course.
Many advanced work boxes provide more challenging work, giving adventurous student an opportunity to learn and master difficult material. This optional material can be easily skipped over by instructors.