Thinking About Data Literacy

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Students who continue on from principles to intermediate microeconomics will be asked to use data to solve economics problems. Before they can get to that point, they must learn to interpret and understand various formats of data presented to them. With the abundance of data in our daily lives and its growing importance in all manner of professions, developing this skill is just as important to students who will never take an economics course beyond principles as it is to future economists.

The By the Numbers feature in every chapter helps students visualize data from real life and offers an easy way to see how they link to concepts in the chapter. In addition to online exercises in interpreting data, two end-of-chapter problems test students on how well they understand the data presented.