Full Updates Throughout the Text. Every chapter of the Sixth Edition of Schiller's Essentials of Economics includes a myriad of updates including new and updated Policy Perspective discussions, recent headlines, and the la test data on topics such as college graduate salaries and growth and productivity.
New Discussions. The Sixth edition includes discussions on key topics of current economic interest, such as the redistributive role of the tax/transfer system in Chapter 9, and the Greenspan-Bernanke transition and alternative strategies for monetary policy in Chapter 14, among others.
Current Headlines. New articles on the impact of Hurricane Katrina on gasoline prices, transportation costs, and SUV sales; monopoly pricing at hub airports; the competitive price squeeze on laptop computers; the debate over arctic drilling; the earnings of college coaches; unrelenting tuition inflation; and the sugar lobby's opposition to CAFTA have all been added to the Sixth edition. These new headlines will help to underscore the importance and relevance of economics in everyone's lives and will motivate non-majors into conscientious study of the material.
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