by John Sloman (Author), Jon Guest (Author), Dean Garratt (Author)
About this book
Don’t just study Economics – learn to think like an econo-mist with Sloman, Garratt and Guest’s best-selling text and support package.
Economics is more than a textbook- it’s a rich resource providing a thorough grounding in economic theory and practice, as well as an insight into the real issues and problems faced by economists today.
The 10th edition has been extensively revised and updated with cutting-edge content to reflect the fast-changing and complex world we live in; from globalisation to Google, Brexit to the changing face of Europe and the developing world, the increasing influence of banks and financial institutions to the rise of populism - the need for economic solutions to global problems has never been greater.
Economics 10e will help you:
- Learn to apply economics to real-world issues and data – over 170 case studies and applications illustrate concepts and show how they translate into actual policy.
- Develop critical thinking skills – frequent questions in each chapter encourage you to reflect on and engage with what you have just read, building confidence to understand and evaluate different economic policies
- Enhance your employability skills by learning how to analyse and find your own solution to problems and to think flexibly and critically, applying core concepts and ideas to new situations.
- Keep up-to-date with current issues in economics - a regularly-updated news blog accompanies the book, including links to a range of articles, videos, podcasts, data and reports.
Brief contents
Part A INTRODUCTION
Why Economics is Good for You 2
1 Economics and Economies 6
Part B FOUNDATIONS OF MICROECONOMICS
2 Supply and Demand 34
3 Government and the Market 79
Part C MICROECONOMIC THEORY
4 Background to Demand: the Rational Consumer 104
5 Consumer Behaviour in an Uncertain World 128
6 Background to Supply 148
7 Profit Maximising under Perfect Competition and Monopoly 189
8 Profit Maximising under Imperfect Competition 217
9 The Behaviour of Firms 250
10 The Theory of Distribution of Income 277
Part D MICROECONOMIC POLICY
11 Inequality, Poverty and Policies to Redistribute Income 316
12 Markets, Efficiency and the Public Interest 347
13 Environmental Policy 391
14 Government Policy towards Business 421
Part E FOUNDATIONS OF MACROECONOMICS
15 An Introduction to Macroeconomic Issues and Ideas 444
16 The Development of Macroeconomic Thinking: a Historical Perspective 491
Part F MACROECONOMIC MODELS, THEORIES AND POLICY
17 Short-run Macroeconomic Equilibrium 520
18 Banking, Money and Interest Rates 551
19 The Relationship between the Money and Goods Markets 587
20 Aggregate Supply, Inflation and Unemployment 622
21 The Relationship between Inflation, Unemployment and Output 645
22 Fiscal and Monetary Policy 669
23 Long-term Economic Growth and Supply-side Policies 713
Part G THE WORLD ECONOMY
24 International Trade 746
25 The Balance of Payments and Exchange Rates 786
26 Economies in an Interdependent World 823
Postscript: The Castaways or Vote for Caliban 862
Appendix 1: Some Techniques of Economic Analysis A:1
Appendix 2: Websites A:15
Threshold Concepts and Key Ideas T:1
Glossary G:1
Index I:1
Pages: 968
Publisher: Pearson Education UK; 10th New edition edition (January 22, 2018)
Language: English
ISBN-10: 1292187859
ISBN-13: 978-1292187853