of Labor Statistics, U.S. Census Bureau, and World Bank, usually include links in the captions or credits;

instructors and students can also explore those sites for more detailed investigations of the topics at hand.

Updated art

Principles of Microeconomics 3eincludes updated and redesigned art to clarify concepts and provide

opportunities for graphical interpretation. Many graphs are shown with accompanying data tables and

explanations of the drivers and consequences of change.
4 Preface

Pedagogical foundation

The narrative explanations and analysis presented in Principles of Microeconomics 3ehave been carefully

crafted to provide a solid basis in economic concepts, flexibly approach skills and assess understanding, and

deepen students’ engagement with the course materials. You will also find features that promote economic

inquiry and explorations, including:

• Bring It Home: These explorations include a brief case study, specific to each chapter, which connects the
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