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Mateer Essentials of Economics 2E
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Essentials of Economics, 2nd Edition

,  ,  

ISBN: 9780393441864

A part of the most successful introductory economics series in the last twenty years, Essentials of Economics features inclusive, relatable examples, consistent problem-solving pedagogy, and innovative teaching support. The Second Edition text has an example-driven approach to teaching what economists do, answers the personal finance and life questions on students’ minds, and now provides a complete set of digital learning tools including InQuizitive and Smartwork.


  • Connects with students through up-to-date, inclusive, relatable examples and applications: Currency, diversity, and inclusion are critical components in making economics relatable. The Second Edition has been completely updated to reflect the evolving impact of the coronavirus pandemic, including examples, graphs, and applications. Further, building on the foundation from the First Edition, this text tells different economics stories, appealing to experiences of students from a wider range of backgrounds. The text has also been updated to include more citations from a diverse group of female economists, and the supporting media and instructional resources likewise have an increased emphasis on using inclusive examples, applications, and new, more diverse presenters.
  • Emphasises critical thinking through a consistent problem-solving pedagogy: The authors’ framework first develops economic intuition in each chapter. A unique problem-solving pedagogy then teaches students to check their understanding by learning how to solve economic problems using relatable, real-world applications. Practice What You Know features, the foundation of this pedagogy, explain the step-by-step process of working single- and multi-part mathematical, graphical, or conceptual problems.
Dirk Mateer
Lee Coppock
Brian O’Roark
Part I: Introduction 
Chapter 1. Why Study Economics?
Chapter 2. What Is an Economy, and How Do Economists Study It?
Chapter 3. Why Do We Trade?
Chapter 4. The Market at Work: Supply and Demand
Chapter 5. Market Efficiency

Part II: Microeconomics 
Chapter 6. The Firm: Revenue, Cost, and Profit
Chapter 7. Competitive Markets
Chapter 8. Understanding Monopoly and Imperfect Markets
Chapter 9. The Demand and Supply of Labor
Chapter 10. Government in the Economy
Chapter 11. Behavioral Economics and Strategic Behavior

Part III: Macroeconomic Basics 
Chapter 12. Introduction to Macroeconomics and Gross Domestic Product
Chapter 13. Unemployment and Inflation
Chapter 14. Economic Growth and the Wealth of Nations
Chapter 15. Aggregate Demand and Aggregate Supply
Chapter 16. Savings, Interest Rates, and the Market for Loanable Funds
Chapter 17. Money and the Federal Reserve
Chapter 18. Monetary Policy
Chapter 19. Fiscal Policy and Budget Deficits
Chapter 20. International Economics

As part of Wiley’s ongoing commitment to higher education, the Wiley Affordability Program is dedicated to providing you with premium Wiley learning resources at an affordable price. We believe that every student has a right to access quality resources, no matter what your budget. Now, we are even better equipped than before to do what we do best; help teachers teach and students learn.
E-Text: 9780393441888
Print: 9780393441864

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