Economics, 12th edition

Published by Pearson (16 June 2026) © 2026

  • John Sloman University of Bristol
  • Dean Garratt Aston Business School
  • Jon Guest Aston Business School
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Title overview

For courses covering economic principles.

Discover the exciting world of economics and learn to use key concepts and data to analyse solutions to real-world challenges – from international issues to a range of everyday problems that affect us all.

Economics, 12th edition, by expert authors Sloman, Garratt and Guest is an essential resource, providing a thorough grounding in theory and practice, and insight into the constantly-changing, often complex issues economists face. It features definitions, case studies and real examples from the news, plus activities and questions to check your understanding.

This edition includes a Companion Website.

Table of contents

Part A INTRODUCTION

  1. 1 Economics and Economies

Part B FOUNDATIONS OF MICROECONOMICS

  1. 2 Supply and Demand
  2. 3 Government and the Market

Part C MICROECONOMIC THEORY

  1. 4 Background to Demand: the Rational Consumer
  2. 5 Consumer Behaviour in an Uncertain World
  3. 6 Background to Supply
  4. 7 Profit Maximising under Perfect Competition and Monopoly
  5. 8 Profit Maximising under Imperfect Competition
  6. 9 The Behaviour of Firms
  7. 10 The Theory of Distribution of Income

Part D MICROECONOMIC POLICY

  1. 11 Inequality, Poverty and Policies to Redistribute Income
  2. 12 Markets, Efficiency and the Public Interest
  3. 13 Environmental Policy
  4. 14 Government Policy towards Business

Part E FOUNDATIONS OF MACROECONOMICS

  1. 15 An Introduction to Macroeconomic Issues and Ideas
  2. 16 The Development of Macroeconomic Thinking: a Historical Perspective

Part F MACROECONOMIC MODELS, THEORIES AND POLICY

  1. 17 Short-run Macroeconomic Equilibrium
  2. 18 Banking, Money and Interest Rates
  3. 19 The Relationship between the Money and Goods Markets
  4. 20 Aggregate Supply, Inflation and Unemployment
  5. 21 The Relationship between Inflation, Unemployment and Output
  6. 22 Fiscal and Monetary Policy
  7. 23 Long-term Economic Growth and Supply-side Policies

Part G THE WORLD ECONOMY

  1. 24 International Trade
  2. 25 The Balance of Payments and Exchange Rates
  3. 26 Economies in an Interdependent World

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