I get to dive into countless books, and I must say,

this one is an absolute delight. No need for any unnecessary delay, let me give you

a sneak peek into what makes it so worthwhile. Are you ready? Let's

jump right in with the introduction!Welcome to the second edition of this

remarkable textbook, which has returned with a fresh face and exciting updates! Building

upon the success of the first edition, published by Cambridge University Press in 2009,

this edition takes the core concepts that made it exceptional and enhances them with new

features and valuable content.In this edition, we have diligently refreshed all the

screenshots, ensuring compatibility with the latest version of Excel, Excel 2019. By doing

so, we offer you an up-to-date and practical learning experience. Real-world applications

have also been updated, enriching your understanding of how economic principles are

applied in today's dynamic environment.We have taken the opportunity to correct any

typos and mistakes that might have slipped through in the first edition, ensuring a

smoother reading experience. We believe in continuous improvement, and this edition

reflects our commitment to delivering the highest quality material to our

readersExcitingly, this edition introduces a brand-new chapter on rational addiction,

shedding light on a fascinating aspect of economic theory. Additionally, we have included

several fresh optimization problem examples, providing you with even more opportunities

to refine your problem-solving skills.This book has always stood out from the crowd, and

that remains true in this edition. From the outset, we have embraced a unique approach by

integrating Microsoft Excel into the teaching of economic theory. This innovative

approach allows you to develop sophisticated Excel skills alongside your understanding of

economics-an invaluable advantage that sets this book apart from any other in the field.

The use of Excel has driven a host of additional benefits. It compels us to present concrete,

numerical problems, bridging the gap between theory and practical application. Moreover,

Excel's Solver enables us to showcase numerical methods for solving optimization

problems and equilibrium models-a feature that is unparalleled in any other textbook.

By providing readily available numerical solutions, this book goes beyond the

mainstream, elevating analytical methods that are often relegated to appendixes or

overlooked altogether. Every problem is approached from two angles-once with Excel

and once with equations, algebra, and, when necessary, calculus-offering a

comprehensive learning experience that is truly one of a kind.We are thrilled to embark on

this educational journey with you through the pages of this second edition. Prepare to

discover the power of Excel in economics, unravel the mysteries of rational addiction, and

embrace new optimization problem examples. Whether you are a student or a curious

reader, we hope this textbook will not only expand your knowledge but also ignite your

passion for the fascinating world of economics