In its third edition, Economic Literacy: Basic Economics with An Attitude, explains the logic, language, and worldview of economic theory, in a continuation of the engaging style that made earlier editions so accessible to the reader. While covering the fundamentals of the discipline, the author also includes a wide range of new material focusing on the structure, causes and results of the "Great Recession". From microeconomics and macroeconomics to the composition of international and domestic economies, Economic Literacy also makes the key distinction between economics as an academic discipline and the economy as a practical reality. Never grim, often witty, and frequently insightful into our turbulent financial times, Economic Literacy's third edition is a must for students of economics everywhere.