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Economics, Fifth Edition provides students with the tools required to think like an economist. Solid coverage of core economic theory is coupled with appropriate discussion of modern topics to provide students with the foundation required to master economic principles. Graphical analysis is explained clearly and carefully, using color and labels consistently throughout the entire Parkin text and supplements program. Economics in Action 5.0, the market leader in principles of economics software, is packaged at no additional cost to students when they purchase the Fifth Edition. By taking students through the steps necessary to understand a concept, this software directs students as they explore economic theory at their own pace.Economics comes alive as students change parameters and see for themselves the shifting curves and changing outcomes.