Learn how to apply microeconomic concepts to today's real world as MICROECONOMICS: PRIVATE AND PUBLIC CHOICE, 3E reflects current economic conditions. This highly readable, up-to-date text analyzes and explains measures of economic activity in today's market and dispels common microeconomic myths. The book uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. This edition even includes online learning solutions, such as Aplia, to improve your learning. Graphing tutorials and videos embedded within the interactive reader support your classroom work and improve your performance.