The most accessible principles book on the market, UNDERSTANDING OF MICROECONOMICS, 13e, International Edition has been updated to reflect current economic conditions. Students will be able to apply economic concepts to the world around them with UNDERSTANDING OF MICROECONOMICS, 13e, International Edition. The up-to-date text includes analysis and explanation of measures of economic activity in today's market. It also includes highlights of the recession of 2008-2009, as well as an in-depth look ..at the lives and contributions of notable economists. UNDERSTANDING OF MICROECONOMICS, 13e, International Edition also dispels common economic myths. The text uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. The new edition of UNDERSTANDING OF MICROECONOMICS, 13e, International Edition includes a robust set of online multimedia learning tools. Tutorials, new analyses and quizzes are designed to support classroom work and increase student performance