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Principles of Economics

v5.0 Alan Grant, Libby Rittenberg, and Timothy Tregarthen

Acknowledgments

Writing a book is never a solo effort. Without a team of wonderful people to shepherd the development of the book and bring it to market, this book would never have seen the light of day. We are lucky to have such a talented, cheerful, patient, and responsive group of FlatWorld people to work with, including the Assistant Managing Editor for this title, Lindsey Kaetzel, and Vice President of Product and Editorial, Sean Wakely.

We would also like to thank the following individuals who reviewed this and previous editions of the text and whose contributions were invaluable in shaping the final product:

Robert A. ArmstrongMetropolitan Community College-Kansas City
Debjani KanjilalElizabeth City State University
Robb FreemanEastern Maine Community College
Gary L. StoneWinthrop University
Kyle HoyShepherd University
Lauren ImperialeMarist College
Christopher BoucherUniversity of New England
Colleen CallahanAmerican University
Christina EdmundsonNorth Idaho College
Paul HettlerCalifornia University of Pennsylvania 
Sean MalloyStuart Country Day School 
Christopher StifflerUniversity of Denver 
Carlos AguilarEl Paso Community College
Jeff AnkromWittenberg University
Lee AshSkagit Valley Community College
Randall BennettGonzaga University
Joseph CalhounFlorida State University
Richard CantrellWestern Kentucky University
Gregg DavisFlathead Valley Community College
Kevin DunaganOakton Community College
Mona El ShazlyColumbia College
Jose EstebanPalomar College
Maurita FawlsPortland Community College
Fred FoldvarySanta Clara University
Richard FowlesUniversity of Utah
Doris Geide-StevensonWeber State University
Sarmila GhoshUniversity of Scranton, Kania School of Management
David GordonIllinois Valley Community College
Clinton GreeneUniversity of Missouri-St. Louis
James HolcombUniversity of Texas at El Paso
Phil HolleranMitchell Community College
Yu HsingSoutheastern Louisiana University
Thomas HyclakLehigh University
Bruce JohnsonCentre College
James KahigaGeorgia Perimeter College
Andrew KohenJames Madison University
Kristen MonacoCalifornia State University–Long Beach
Mark MaierGlendale Community College
David McCloughBowling Green State University
Ann McPherrenHuntington University
John MinNorthern Virginia Community College
Shahriar MostashariCampbell University, Lundy-Fetterman School of Business
Francis MummeryFullerton College
Robert MurphyBoston College
Kathryn NantzFairfield University
Paul OkelloTarrant County College-South Campus
Nicholas PeppesSt. Louis Community College
Ramoo RathaDiablo Valley College
Teresa RileyYoungstown State University
Michael RobinsonMount Holyoke College
Anirban SenguptaTexas A&M University
John SolowThe University of Iowa
John SomersPortland Community College
Charles StaelinSmith College
Richard StrattonThe University of Akron
Kay E. StrongBowling Green State University–Firelands
Della SueMarist College
John VahalyUniversity of Louisville
Robert WhaplesWake Forest University
Mark WheelerWestern Michigan University
Leslie WolfsonThe Pingry School
Sourushe Zandvakili University of Cincinnati