Summary: Known for its distinguished authorship, intuitive approach, and modern coverage of economic principles, the Third Edition of Economicsintroduces a thorough revision, a new design, more appealing real-world examples, and expanded coverage of technology. Taylor's clear exposition and well-chosen examples complemented by a unique graphical treatmenthelp clarify abstract economic concepts and encourage students to develop an economic way of thinking. New pedagogy include ...show mores expanded chapter openers that help students place the concepts covered in each chapter in a familiar context. In-text case studiesmore widespread throughout the text and more obvious to the reader in this editionenliven economic ideas and models by describing real-world situations. Marginal Conversation Boxes, based on popular boxes in the previous edition's graphs, allow students to check their understanding of crucial material by providing succinct, step-by-step guidance through particularly difficult concepts. Economics in Action boxes in every chapter illustrate the myriad ways that economic principles are enacted in everyday life.