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course material into a pedagogically appropriate unit that  Advantages of This Book
             is designed to be presented in one class period, with addi-
                                                                   This book has all of the advantages found in the parent
             tional class periods for activities, demonstrations, and
                                                                   book as well as many new advantages unique to the AP
             reinforcement, as needed. This organization takes teachers
                                                                   adaptation:
             and students through the required AP course material in a
             sequence and at a pace designed for optimal success for  ➤ Created by a Team with Insight. The team of authors
             students in AP economics classes.                       for this project has a wealth of experience with AP eco-
                                                                     nomics. This book is the result of extensive collabora-
             Relevant Examples                                       tion within the team as well as incredible support from
                                                                     highly qualified AP content reviewers and accuracy
             The Krugman and Wells textbook was lauded for its use of
                                                                     checkers at all points along the way.
             relevant and interesting examples to teach economic prin-
             ciples. We have retained this approach and many of the
                                                                   ➤ Created Specifically to Meet the Needs of AP
             examples from the parent book. However, we have modi-
                                                                     Economics Teachers and Students. From the Table of
             fied, added, or replaced examples to speak specifically to a
                                                                     Contents through the supplements, this project is
             high school audience.
                                                                     specifically designed to meet the needs of AP teachers
                                                                     and students. The outline of the book follows the AP
             Practice for the AP Exam                                topic outline, the terminology in the book conforms to
             Each module in the book ends with AP review material    accepted terminology used in AP materials and on the
             including sample multiple-choice and free-response ques-  AP exam, and supplements provide everything new or
             tions related to the content in the module. The multiple-  experienced teachers and students need to be sucessful
             choice questions are written in the style of the AP exam with  in an AP economics course.
             five distracters. Two sample free-response questions are
                                                                   ➤ Chapters build intuition through realistic exam-
             included for each module, the first of which includes a sam-
                                                                     ples. In every chapter, real-world examples, stories,
             ple grading rubric. Providing the rubric helps students to pre-
                                                                     applications, and case studies teach the core concepts
             pare for the format of the AP exam and to better understand
                                                                     and motivate student learning. The best way to intro-
             how their responses will be graded (which will help them to
                                                                     duce concepts and reinforce them is through real-
             provide better responses on the exam). In addition, Module
                                                                     world examples; students simply relate more easily
             45 “Putting it All Together” is devoted to showing students how
                                                                     to them.
             to use the economic principles they have learned in macroeco-
             nomics to answer comprehensive questions like the long
                                                                   ➤ Pedagogical features reinforce learning.  The book
             question typically found on the AP Eco nom ics Exams.
                                                                     includes a genuinely helpful set of features that are illus-
                                                                     trated and described later in the Preface.
             Supplements
                                                                   ➤ Modules are accessible and entertaining. A fluid and
             The teacher and student supplements have been designed
                                                                     friendly writing style makes concepts accessible.
             by experts in AP economics to facilitate teaching and
                                                                     Whenever possible, the book uses examples that are
             learning. The instructor’s resources are comprehensive
                                                                     familiar to students: choosing which college to attend,
             enough to guide new AP teachers through their first years
                                                                     paying a high price for a cup of coffee, or deciding where
             of teaching AP economics but also provide unique ideas
                                                                     to eat at the food court at the local shopping mall.
             and suggestions that will help experienced teachers
             enhance their courses. The student’s resources help stu-
                                                                   ➤ Although easy to understand, the book also pre-
             dents through both the course and preparation for the AP
                                                                     pares students for the AP exam and further course-
             exam. All supplement materials are developed to adhere to
                                                                     work. Too often, instructors find that selecting a
             the AP course outline, goals, and testing format.
                                                                     textbook means choosing between two unappealing
                                                                     alternatives: a textbook that is “easy to teach” but
             Economics by Example                                    leaves major gaps in students’ understanding, or a text-
             David Anderson’s Economics by Example has become a lead-  book that is “hard to teach” but adequately prepares
             ing supplemental resource for AP economics courses. Each  students for the AP exam and future coursework. This
             book is bundled with a copy of the Anderson book, and sug-  is an easy-to-understand textbook that offers the best
             gestions for how to use it in an AP economics course are  of both worlds.
             integrated throughout the text and the instructor materials.




                                                                                                     PREFACE     xxv
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