This thoroughly revised edition provides a complete, balanced introduction to economics and to the most important issues facing the world's economies at the turn of the millennium. The authors, including esteemed economists Douglas D. Purvis, Paul N. Courant, and Richard G. Lipsey, present a comprehensive update to the text and its applications, reflecting recent economic developments and topics of current interest. This edition aims to streamline prose and presentation while offering students robust study support through an accompanying Study Guide. The book is available in both one- and two-volume editions.

This textbook is presented as a thoroughly revised and comprehensive introduction to economics, designed to cover key issues facing global economies. Its updated content and student support materials, such as the Study Guide, indicate an aim to provide a robust educational resource. The inclusion of multiple authors with academic credentials suggests a text grounded in established economic theory and research.