For six editions, Michael Parkin has written and rewritten with the unwavering goal of opening students' eyes to the economic way of thinking. Using a straight forward, precise, and clear writing style, Parkin puts the student at center stage. Parkin offers a thorough and detailed presentation of modern economics, including dynamic comparative advantage, game theory, rational expectations, new growth theory, and real business cycle theory. To promote a rich, active learning experience, Parkin offers a comprehensive online learning environment featuring a dynamic e-book, interactive tutorials and quizzes, daily news updates, and more. Changes to the Sixth Edition include a new introductory chapter that emphasizes the central role of tradeoffs in economics, a new chapter on Global Stock Markets, all-new Reading Between the Lines, and a full-color Electronic Study Guide CD-ROM packaged with every new textbook for free.