Campbell R. McConnell

PREFACE As is true of any other activity, the authoring of a textbook entails both costs and benefits. The primary cost is the investment of an inordinate amount of time. One of the less obvious benefits is the opportunity for revision. Although it is a highly demanding and sometimes dreary...

PREFACE This new edition has again been substantially revised both in content and organization. However, the basic change made in the third edition has been retained: microeconomics is treated ahead of macroeconomics, thus retaining several important advantages: • It facilitates the...