Economics: Private & Public Choice

Economics: Private & Public Choice, 17th Edition, is a textbook that examines how market economies operate and explores the public choices that shape broader economic conditions.

Coverage introduces fundamental economic thinking and outlines how competitive markets and entrepreneurship generate wealth and raise living standards. Macroeconomic topics address developments in Federal Reserve policy and government debt, while evaluating disruptions such as the 2008 to 2009 recession and the 2020 pandemic shutdown.

The volume also guides students in applying economic concepts to individual circumstances. Readers examine relevant issues such as student loans and discover how economic principles can support sound decision-making in career planning, personal investments, and risk management.