Every decision is an economic decision.

Should you buy a car or rely on Uber? Get a job, or go to grad school? Spend or save? Worry about inflation or unemployment? In Principles of Economics, yoüll learn how the basic tools of economics can be applied to decisions that range from personal and professional goals to public policy and the broader economy. Betsey Stevenson and Justin Wolfers bring a fresh voice to the dismal science, and invite you to actively engage in the process of ¿doing¿ economics. Combining fundamental theory with modern applications, familiar--yet often surprising--examples, and plenty of opportunities to practice using economic tools, Principles of Economics helps students to develop economic insight.