Economics : principles, applications, and tools

Abstract

This book is built upon the author’s philosophy of using basic concepts of economics to explain a wide variety of timely, engaging, real-world economic applications. The 9th edition incorporates updated figures and data, while also emphasising current topics of interest including the severe economic downturn of recent years and the latest developments in economic thinking. It also includes newly refined Learning Objectives that introduce the concepts explored in each chapter, along with new applications and chapter opening stories related to the most up-to-date developments in both macroeconomics and microeconomics.