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Economics, 15th Edition

Roger A. Arnold, Daniel R. Arnold, David H. Arnold

  • Copyright 2027
  • {{checkPublicationMessage('Published', '2026-03-30T00:00:00+0000')}}
Starting At $309.95 See pricing and ISBN options
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Economics 15th Edition by Roger A. Arnold/Daniel R. Arnold/David H. Arnold
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Overview

Explore today’s economy with Arnold/Arnold/Arnold’s “Economics,” 15th Edition. Updated to reflect emerging technologies and global change, this edition expands coverage of tariffs, monetary policy, the economics of knowledge, and growing challenges of debt—all while maintaining the clarity students want and trust.

With 84 real-world applications and “Economics 24/7” features, students see how concepts apply to everyday life. MindTap enhances learning with new Data Exploration Activities, using live data from the FRED database and Bureau of Labor Statistics, along with new AI in Action activities powered by Bongo. Video lectures, “Economics in 5 Minutes,” and “Problem Walk-Throughs" build confidence, while A+ Test Prep supports ongoing practice.

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Meet the Authors

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Roger A. Arnold

Dr. Roger Arnold is at California State University San Marcos, where his fields of specialization are general microeconomic theory and monetary theory. Dr. Arnold earned his B.S. in economics from the University of Birmingham in England. He received his Ph.D. in economics from Virginia Tech.

Daniel R. Arnold

Dr. Daniel Arnold is a research economist in the School of Public Health at University of California, Berkeley, where his field of specialization is health economics. He is also research director of the Nicholas C. Petris Center on Health Care Markets and Consumer Welfare. He received his B.A. in economics and mathematics from Cornell University. He received his Ph.D. in economics from University of California, Santa Barbara.

David H. Arnold

Dr. David Arnold is at University of California, San Diego, where his fields of specialization are labor economics, imperfect competition, and discrimination. He received his B.A. in economics from University of California, Berkeley. He received his Ph.D. in economics from Princeton University.

What's New

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  • Data Exploration Activities integrate the latest FRED and BLS data with auto-graded tasks, guiding students through scenario analysis using real-world applications.
  • Macroeconomics material offers a rigorous review of major macroeconomic schools, models and topics to provide students with a comprehensive, unbiased view of the field.
  • Microeconomics coverage frames topics within objectives, constraints and optimizing behavior, giving students a logical, structured approach to core principles.
  • AI in Action activities, powered by Bongo, teach students to leverage generative AI to research, analyze and forecast economic data and report their findings.
  • Engaging, real-world applications throughout the book -- including 84 new features leveraging both historical and current events -- highlight the everyday relevance of economics.

Features

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  • Expanded treatment of frontier topics includes an emphasis on tariffs, the economics of knowledge, the intricacies of monetary policy and the rising challenges of debt.
  • Economics 24/7 features put students at the intersection of real-world phenomena and key economic concepts, from Rosetta Stone and taxes to podcasts and market entry.
  • With 10 to 30 thought-provoking Questions and Problems prompts at the end of every chapter, students master concepts and build confidence through richer discussions.

Table of Contents

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An Introduction to Economics.
Part I: ECONOMICS: THE SCIENCE OF SCARCITY.
1. What Economics Is About.
Appendix A: Working with Diagrams.
Appendix B: Should You Major in Economics?
2. Production Possibilities Frontier Framework.
3. Supply and Demand: Theory.
4. Prices: Free, Controlled, and Relative.
5. Supply, Demand, and Price: Applications.
Macroeconomics.
Part II: MACROECONOMIC FUNDAMENTALS.
6. Macroeconomic Measurements, Part I: Prices and Unemployment.
7. Macroeconomic Measurements, Part II: GDP and Real GDP.
Part III: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY.
8. Aggregate Demand and Aggregate Supply.
9. Classical Macroeconomics and the Self-Regulating Economy.
10. Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy.
11. Fiscal Policy and the Federal Budget.
Part IV: MONEY, THE ECONOMY, AND MONETARY POLICY.
12. Money, Banking and the Financial System.
13. The Federal Reserve System.
14. Money and the Economy.
15. Monetary Policy.
Appendix C: Bond Prices and Interest Rates.
Part V: EXPECTATIONS AND GROWTH.
16. Expectations Theory and the Economy.
17. Economic Growth: Resources, Technology, Ideas, and Institutions.
Part VI: CREATIVE DESTRUCTION AND CRONY CAPITALISM.
18. Creative Destruction and Crony Capitalism: Two Forces on the Economic Landscape Today.
Microeconomics.
Part VII: MICROECONOMIC FUNDAMENTALS.
19. Elasticity.
20. Consumer Choice: Maximizing Utility and Behavioral Economics.
Appendix D: Budget Constraint and Indifference Curve Analysis.
21. Production and Costs.
Part VIII: PRODUCT MARKETS AND POLICIES.
22. Perfect Competition.
23. Monopoly.
24. Monopolistic Competition, Oligopoly, and Game Theory.
25. Government and Product Markets: Antitrust and Regulation.
Part IX: FACTOR MARKETS AND RELATED ISSUES.
26. Factor Markets: With Emphasis on the Labor Market.
27. Wages, Unions, and Labor.
28. The Distribution of Income and Poverty.
29. Interest, Rent, and Profit.
Part X: HEALTH ECONOMICS
30. Health Economics: Experiments, Disparities, and Prices.
Part XI: MARKET FAILURE, PUBLIC CHOICE, AND SPECIAL-INTEREST-GROUP POLITICS.
31. Market Failure: Externalities, Public Goods, and Asymmetric Information.
32. Public Choice and Special-Interest-Group Politics.
Part XII: ECONOMIC THEORIES AND RESEARCH.
33. New Frontiers in Economic Research: Causal Inference and Machine Learning.
International Economics.
Part XIII: INTERNATIONAL TRADE AND FINANCE.
34. International Trade.
35. International Finance.

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  • ISBN-10: 8214054591
  • ISBN-13: 9798214054599
  • RETAIL $309.95
Instructor Next Steps
Students: Buy now