McConnell, Economics, AP Edition, © 2025, 23e

Grades: 9 - 12

The 23rd edition of McConnell’s Economics is fully aligned to the AP Microeconomics and Macroeconomics frameworks with a streamlined focus on AP content and easy visual cues to distinguish coverage for each course. Decades of teaching success is reflected in the authors’ clear treatment of economic concepts, balanced coverage, and patient explanations.

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Program Details

The Most Trusted Source with 100% Alignment
The 23rd edition of McConnell's Economics fully aligns, in topic and skill coverage and sequence, with the AP Microeconomics and Macroeconomics frameworks. Easy visual cues distinguish the content specific to each course. The student-centered approach, accessible presentation, engaging delivery, and illustrative connections help students develop a deep understanding of the role of economics in their daily lives.

Streamlined AP Focus
•Robust, fully aligned AP resources offer instructional support for all AP topics, Learning Objectives, and Skills.
•AP-style practice and assessments include chapter-level skills practice, new chapter- and unit-level exam practice, and complete AP practice exams.
•Graphing practice including exercises and support provides multiple application opportunities.
•Engaging illustrations and enhanced learning aids provide students with more accessible ways to approach instruction.
•Concepts in Action demonstrate practical applications to help students make real-world connections.
•An AP Teacher Manual, available in print and online, includes a pacing guide, AP course and exam information, suggested activities, AP-focused instructional strategies, ELL support, and sample syllabi.

Dynamic Digital Resources
•An interactive eBook and assignable, adaptive SmartBook® deliver personalized learning anytime, anywhere.
•Unit reviews align to the AP Framework.
•AP chapter and key concept overviews include teaching strategies, AP-suggested assignments, benchmarks, and pacing guides.
•Chapter-level interactivities, videos illustrating concepts and processes, and discussion ideas enhance instruction.
•Full practice exams reflect the content and format of the actual AP Exams.

Microeconomics

Unit 1: Basic Economic Concepts

Chapter 1: Scarcity, Resource Allocation, and Economic Systems
Chapter 2: Production Possibilities and Trade
Chapter 3: Cost-Benefit Analysis and Choice

Unit 2: Supply and Demand

Chapter 4: Demand and Supply
Chapter 5: Market Equilibrium
Chapter 6: Government Intervention, International Trade, and Public Policy

Unit 3: Production, Cost, and the Perfect Competition Model

Chapter 7: Businesses and the Costs of Production
Chapter 8: Profit and Perfect Competition

Unit 4: Imperfect Competition

Chapter 9: Monopoly and Price Discrimination
Chapter 10: Monopolistic Competition, Oligopoly, and Game Theory

Unit 5: Factor Markets

Chapter 11: Factor Markets

Unit 6: Market Failure and the Role of Government

Chapter 12: Market Failure, Externalities, and Public Goods
Chapter 13: Government Intervention and Inequalities

Macroeconomics

Unit 1: Basic Economic Concepts

Chapter 1: Scarcity, Production Possibilities, and Trade
Chapter 2: Demand, Supply, and Market Equilibrium

Unit 2: Economic Indicators and the Business Cycle

Chapter 3: Circular Flow, GDP, and Unemployment
Chapter 4: Inflation and Business Cycles

Unit 3: National Income and Price Determination

Chapter 5: Aggregate Demand and Aggregate Supply
Chapter 6: Fiscal Policy, Deficits, and Debts

Unit 4: Financial Sector

Chapter 7: Money and Interest Rates
Chapter 8: Money Markets and Monetary Policy

Unit 5: Long-Run Consequences of Stabilization Processes

Chapter 9: Short-Run Policy and the Phillips Curve
Chapter 10: Economic Growth

Unit 6: Open Economy—International Trade and Finance

Chapter 11: The Balance of Payments and Exchange Rates
Chapter 12: International Trade

CAMPBELL R. MCCONNELL earned his Ph.D. at the University of Iowa after receiving degrees from Cornell College and the University of Illinois. He taught at the University of Nebraska–Lincoln from 1953 until his retirement in 1990. He was also coauthor of Contemporary Labor Economics and Essentials of Economics. He was a recipient of both the University of Nebraska Distinguished Teaching Award and the James A. Lake Academic Freedom Award and served as president of the Midwest Economics Association. Professor McConnell was awarded an honorary Doctor of Laws degree from Cornell College in 1973 and received its Distinguished Achievement Award in 1994. He was also a jazz expert and aficionado until his passing in 2019.

STANLEY L. BRUE did his undergraduate work at Augustana College in South Dakota and received its Distinguished Achievement Award in 1991. He received his Ph.D. from the University of Nebraska–Lincoln. He is retired from a long career at Pacific Lutheran University, where he was honored as a recipient of the Burlington Northern Faculty Achievement Award. Professor Brue has also received the national Leavey Award for excellence in economics education. He has served as national president and chair of the Board of Trustees of Omicron Delta Epsilon International Economics Honorary. He is coauthor of Economic Scenes, fifth edition (Prentice-Hall); Contemporary Labor Economics, twelfth edition; Essentials of Economics, fourth edition; and The Evolution of Economic Thought, eighth edition (Cengage Learning). For relaxation, he enjoys international travel, attending sporting events, and going on fishing trips.

SEAN M. FLYNN did his undergraduate work at the University of Southern California before completing his Ph.D. at UC Berkeley, where he served as the Head Graduate Student Instructor for the Department of Economics after receiving the Outstanding Graduate Student Instructor Award. He teaches at Scripps College (of the Claremont Colleges) and is the author of Economics for Dummies, third edition (Wiley); Essentials of Economics, fourth edition; and The Cure That Works: How to Have the World’s Best Healthcare—at a Quarter of the Price (Regnery). His research interests include behavioral finance, behavioral economics, and health care economics. An accomplished martial artist, Sean has coached five of his students to national championships and is the author of Understanding Shodokan Aikido. His other hobbies include running, traveling, and cooking.

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