For six editions, Michael Parkin has written and rewritten with the unwavering goal of opening students' eyes to the economic way of thinking. Using a straight forward, precise, and clear writing style, Parkin puts the student at center stage. Parkin offers a thorough and detailed presentation of modern economics, including dynamic comparative advantage, game theory, rational expectations, new growth theory, and real business cycle theory. To promote a rich, active learning experience, Parkin offers a comprehensive online learning environment featuring a dynamic e-book, interactive tutorials and quizzes, daily news updates, and more. Changes to the Sixth Edition include a new introductory chapter that emphasizes the central role of tradeoffs in economics, a new chapter on Global Stock Markets, all-new Reading Between the Lines, and a full-color Electronic Study Guide CD-ROM packaged with every new textbook for free.

The new edition clearly combines the twin virtues of accumulated learning-by-doing with up-to-dateness. The book is in serious colour, with many diagrams and figures. It backs up the basic expositional highway with interesting stop-offs and scenic diversions.A lot of work has gone into this book and it shows. Its coverage is comprehensive; almost any first year course could be accommodated using this text. (Professor Huw Dixon, Professor of Economics at University of York)