New coverage of the efficient markets hypothesis. This behavioral analysis of the hypothesis has been added to Chapter 15, helping students understand the implications of consumer confidence on stock prices.
Cleaner, more streamlined aesthetic that mirrors the core principles approach of the text. The design has also been pedagogically enriched to include pictures illustrating the economic naturalist examples that are a hallmark of the text, making it more accessible to students than ever.
Fully updated throughout. All examples and data have been carefully examined and updated throughout the text, and the supplement program has undergone a similar treatment.
2010