Acclaimed economists Hall and Lieberman have made the latest edition of MICROECONOMICS: PRINCIPLES AND APPLICATIONS as current as the headlines. Since real-world policy issues, decisions, and applications impact you on an everyday basis, Hall and Lieberman use these true, cutting-edge examples to illustrate core economic theory and application. Straightforward and easy-to-understand, this comprehensive text will equip you with a solid foundation in economics that you can build upon wherever your career path may lead. Hall and Lieberman's careful focus on important economic theories and applications, and how they relate to practical questions, effectively communicates that economics is an integrated, powerful body of knowledge that can address complex domestic and global issues. A wealth of interactive online exercises, graphing applications, and research resources will help reinforce your understanding of economic principles.