Many students find introductory economics interesting but difficult, so they will really appreciate this study tool designed to make the core material easier to understand. A summary and list of key terms begins each chapter, providing readers with a "map" and hundreds of problems with detailed solutions illustrate and amplify key points. A chapter devoted to drafting and interpreting graphs helps students gain a facility with this material essential for mastering.

Master the principles of economics with Schaum's­­the high-performance study guide. It will help you cut study time, hone problem-solving skills, and achieve your personal best on exams! Students love Schaum's Outlines because they produce results. Each year, hundreds of thousands of students improve their test scores and final grades with these indispensable study guides. Get the edge on your classmates. Use Schaum's!

If you don't have a lot of time but want to excel in class, this book helps you:

• Brush up before tests
• Find answers fast
• Study quickly and more effectively
• Get the big picture without spending hours poring over lengthy textbooks

Schaum's Outlines give you the information your teachers expect you to know in a handy and succinct format­­without overwhelming you with unnecessary details. You get a complete overview of the subject. Plus, you get plenty of practice exercises to test your skill. Compatible with any classroom text, Schaum's let you study at your own pace and remind you of all the important facts you need to remember­­fast! And Schaum's are so complete, they're perfect for preparing for graduate or professional exams.

Inside, you will find:

• Hundreds of solved problems covering every aspect of economic principles courses, with step-by-step solutions
• Hundreds of additional practice problems, with answers supplied
• An easy-to-understand overview of all central economic principles
• A concise, focused presentation of concepts from basic formulas and theories to advanced topics
• Clear presentations of all the economic principles you need to know for your tests

If you want top grades and a thorough understanding of the principles of economics, this powerful study tool is the best tutor you can have!

Chapters include:

• Demand, Supply, and Equilibrium
• Unemployment, Inflation, and National Income
• Consumption, Investment, and Net Exports
• Keynesian Approach to Equilibrium Output
• Fiscal Policy
• Money and Banking
• The Federal Reserve
• Monetary and Fiscal Policy
• Inflation
• Unemployment, Deficits, and Debt
• Economic Growth and Productivity
• Demand, Supply, and Elasticity
• Theory of Consumer Demand and Utility
• Costs of Production
• Price and Output
• Oligopoly
• Production and the Demand for Economic Resources
• Wage Determination
• Rent, Interest, and Profits