The Economy Today is noted for three great strengths: currency, policy focus, and readability. The accessible writing style engages students and brings the excitement of domestic and global economic news into the classroom.
Schiller/Gebhardt emphasizes how policymakers must choose between government intervention and market reliance to resolves the core issues of what, how, and for whom to produce. These strategic trade-offs are highlighted throughout the full range of micro, macro, and international issues, and every chapter ends with a policy issue that emphasizes the market versus government dilemma.
The authors teach economics in a current and relevant context, including the COVID Pandemic of 2020, filling chapters with the real facts and applications of economic life. Schiller/Gebhardt is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework and uniquely features a full supply-side economics chapter. You will also find the current Economist and Chief, Joe Biden, featured in the opening chapter.
The authors have worked to ensure The Economy Today, 16th edition, is tightly integrated with the adaptive digital tools and dynamic interactive resources available in Connect. Connect is proven to increase student engagement and success. For professors there is also an updated instructor guide to bring new ideas to your course, no matter the format.