Personalize Learning with MyEconLab ® MyEconLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts. Concept Checks, at the end of learning objectives, contain one or two multiple choice, true/false, or fill-in-the-blank questions, and act as "speed bumps" that encourage students to stop and check their understanding of fundamental terms and concepts before moving on to the next section. The goal of this digital resource is to help students assess their progress on a section-by-section basis, so they can be better prepared for homework, quizzes, and exams. Animations. Graphs are the backbone of introductory economics, but many students struggle to understand and work with them. Many of the numbered figures in the text have a supporting animated version online to help students understand shifts in curves, movements along curves, and changes in equilibrium values. Having an animated version of a graph helps students who have difficulty interpreting the static version in the printed text.

Graded practice exercises are included with the animations. Digital Interactives in Pearson''s MyEconLab are poised to change how students learn core economic concepts. Organized in progressive levels, each focusing on a core learning outcome, Digital Interactives immerse students in a fundamental economic principle, helping them to learn actively. Used as a lecture tool or assigned with assessment questions for grading, Digital Interactives are designed for use in traditional, online, and hybrid courses, and many incorporate real-time data, as well as data display and analysis tools. Learning Catalytics(tm). Generate class discussion, guide your lecture, and promote peer-to-peer learning with real-time analytics. MyEconLab with eText now provides Learning Catalytics-an interactive student response tool that uses students'' smartphones, tablets, or laptops to engage them in more sophisticated tasks and thinking. Instructors, you can: Pose a variety of questions that help your students develop critical thinking skills Monitor responses to find out where students are struggling Use real-time data to adjust your instructional strategy and try other ways of engaging your students during class Manage student interactions by automatically grouping students for discussion, teamwork, and peer-to-peer learning Question Help.

MyEconLab''s homework and practice questions are correlated to the textbook, they generate algorithmically to give students unlimited opportunity for practice and mastery, and they offer helpful feedback when students enter incorrect answers. Questions include guided solutions and other multimedia assets for extra help at point-of-use. Current News Exercises. Every week, current Microeconomic and Macroeconomic news stories, with accompanying exercises, are posted to MyEconLab. Assignable and auto-graded, these multi-part exercises ask students to recognize and apply economic concepts to real-world events. Experiments in MyEconLab are a fun and engaging way to promote active learning and mastery of important economic concepts. Pearson''s Experiments program is flexible and easy for instructors and students to use. Single-player experiments allow your students to play against virtual players from anywhere at any time so long as they have an Internet connection.

Multiplayer experiments allow you to assign and manage a real-time experiment with your class. Pre- and post-questions for each experiment are available for assignment in MyEconLab. For a complete list of available experiments, visit www.myeconlab.com. Real-time Data Analysis Exercises. Easy to assign and automatically graded, Real-Time Data Analysis exercises use up-to-the-minute, real-time Microeconomic data. These exercises communicate directly with the Federal Reserve Bank of St.

Louis''s FRED site, so every time FRED posts new data, students see new data. As a result, Real-Time Data Analysis exercises offer a no-fuss solution for instructors who want to make the most recent data a central part of their macro course. Adaptive Learning. Not every student learns the same way and at the same rate. And now, thanks to advances in adaptive learning technology, you no longer have to teach as if they do. MyEconLab assesses student performance and activity in real time and, using data and analytics, personalizes content to reinforce concepts that target each student''s strengths and weaknesses. Dynamic Study Modules help students study effectively on their own by continuously assessing their activity and performance in real time. Here''s how it works: students complete a set of questions with a unique answer format that also asks them to indicate their confidence level.

Questions repeat until the student can answer them all correctly and confidently. Once completed, DSMs explain the concept using materials from the text. These are available as graded assignments prior to class, and accessible on smartphones, tablets, and computers. Reporting Dashboard. View, analyze, and report learning outcomes clearly and easily, and get the information you need to keep your students on track throughout the course, with the new Reporting Dashboard. Available via the Gradebook and fully mobile-ready, the Reporting Dashboard presents student performance data at the class, section, and program levels in an accessible, visual manner. UPDATED! HTML5 Player Enhancements. In addition to matching the Flash player''s support of Accessibility requirements, the HTML5 player has a new "Show Work" feature to allow students to enter text either from a keyboard or stylus and to draw freehand on different backgrounds, such as a coordinate graph, with multiple fonts and colors.

Students can also continue to upload images such as phone-photos of handwritten work. Printing enhancements include: a more pen-and-paper-friendly layout of exercises the ability for instructors to choose whether to print the header; to include an honor statement; and to print with answers inline, after each question, or on a separate sheet NEW! Math Review Exercises in MyEconLab. MyEconLab now offers a rich array of assignable and auto-graded exercises covering fundamental math concepts geared specifically to principles and intermediate economics students. Aimed at increasing student confidence and success, our new math skills review Chapter R is accessible from the assignment manager and contains over 150 graphing, algebra, and calculus exercises for homework, quiz, and test use. Offering economics students warm-up math assignments, math remediation, or math exercises as part of any content assignment has never been easier! Enhanced eText. Available within the online course materials and offline via an iPad app, the enhanced eText allows instructors and students to highlight, bookmark, take notes, and share with one another. About the Book Expanded Coverage to Reflect Economic Changes and Developments UPDATED! Incorporates and reflects the sweeping changes that U.S.

and global economies have experienced following a severe economic downturn. UPDATED! Reflects the latest exciting developments in economic thinking, making these developments accessible to new students of economics. NEW! Chapter 6 discusses whether the recent major recession permanently affected labor force participation. NEW! Chapter 8 discusses the position of pessimists who think that technological progress has slowed down, as well as influential controlled experiments in economic policy. NEW! Chapter 13 discusses the rationale and application of "stress tests" as a new tool for financial regulation. NEW! Chapter 14 introduces Janet Yellen, the new Chair of the Federal Reserve , including a discussion of her prior experience before assuming her current role. UPDATED! Revised and expanded discussion of the euro in Chapter 19 reflects the serious challenges now facing the European Monetary Union, particularly in the case of Greece. NEW! Several new applications and chapter-opening stories emphasize the widespread relevance of economic analysis, including discussion of: Housing prices in Cuba (Chapter 1) Property rights in urban slums (Chapter 3) The effects of winds from the Sahara Desert on the price of chocolate (Chapter 4) Links between unemployment and unemployment insurance (Chapter 6) How the government promotes high levels of savings in Singapore (Chapter 7) How Greek citizens hoarded euros as the talk of crisis grew (Chapter 13) New research on "underwater" homeowners (Chapter 12) The debate on secular stagnation (Chapter 15) How accounting for "missing" international financial flows changes our thinking of global investment patterns (Chapter 19)