When asked to describe this text, most Lipsey readers use the same word: precise. The authors do not gloss over subjects when presenting economic ideas; rather, they offer a patient explanation of the concept and back it up with the latest research and data. Taken separately, neither theory nor data alone can give students a true understanding of the idea, but when combined these elements give students a complete view of economics in the real world.

The Thirteenth Edition is significantly revised to reflect the latest advancements in the field, including major updates to monetary policy, globalization issues, and hot research areas like experimental economics. Economic debates are explored for each major concept, so students learn to analyze policy intuitively and from an economic perspective.

Preview online! An interactive tour of Economics is available here.