Readable, sensible, and interesting, SURVEY OF ECONOMICS, Seventh Edition gives you the tools you need to understand the impact of economics in your own world! This renowned book presents the basics of economics in the context of real-world situations in order to show you how economic issues play out at national and international levels. Discussions of relevant topics in economics are found throughout such as privatization versus nationalization, social security, carbon emissions, social-networking sites, America's housing bubble, and gasoline prices. Designed with the reader in mind, SURVEY OF ECONOMICS provides you with a solid understanding of basic economic principles so that you can make more informed decisions as both a professional and a consumer.