“It is the most globalized book that I have seen yet for this course.” (*) The new, updated edition of this popular text makes economics come alive for beginning students and non-economics majors. Designed specifically for survey courses, it combines a clear and concise presentation of basic micro- and macroeconomic theory with an abundance of contemporary applications. Carbaugh provides just enough theoretical tools to give students a grounding in the subject without duplicating the coverage offered in the next level. Each chapter introduces specific economic theories, and demonstrates their applications through real-world examples that will resonate with students, such as iPods, Wal-Mart, Wendy’s and Schwinn bicycles. This new edition includes all-new global coverage, and shows students how economic theories apply internationally in markets such as the European Union. Chapters open with illustrative vignettes, and include “Consumer Economics in Action” boxes, Key Terms and Concepts checklists, Study Questions and Problems, and Self-Tests. Online instructors’ materials are available for adopters, and a separate Study Guide to the 5th edition is also available for classroom adoption or individual student purchase. Endorsements:

“It is the most globalized book that I have seen yet for this course.” — Barry Kotiove, Edmonds Community College (*)

“My students are consistently impressed by how up to date the contemporary issues are.” — Laurence J. Malone, Hartwick College

“I definitely like this text. It seems to be very current, uses relevant applications, and is easy to read and understand.” — Vicki D. Rostedt, University of Akron