Essentials of Economics, 8th edition

Published by Pearson (December 4, 2019) © 2020

  • John Sloman University of Bristol
  • Dean Garratt Aston Business School
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This edition looks at the key economic issues of today; from economic growth to recessions and unemployment; from trade to Brexit; from wages and employment to inequality and poverty; from producing more to caring for the environment; from competition to the domination of markets by powerful firms; from government spending more on what we need to tackling budget deficits.

The book is full of case studies and examples and opportunities for you to reflect on your learning. It helps you to develop the skills and knowledge to make you a more effective employee and a more informed member of society.

  • Preface
  • Student and lecturer resources
  • Acknowledgements
  • Publisher's acknowledgements
  • Part A INTRODUCTION
  • 1 Economic issues
  • Part B MICROECONOMICS
  • 2 Markets, demand and supply
  • 3 Markets in action
  • 4 The demand decision
  • 5 The supply decision
  • 6 Market structures
  • 7 Wages and the distribution of income
  • 8 Market failures and government policy
  • Part C MACROECONOMICS
  • 9 Aggregate demand and the business cycle
  • 10 Aggregate supply and economic growth
  • 11 The financial system, money and interest rates
  • 12 Output, unemployment and inflation
  • 13 Macroeconomic policy
  • Part D INTERNATIONAL ECONOMICS
  • 14 Globalisation and international trade
  • 15 Balance of payments and exchange rates
  • Websites appendix
  • Key ideas and glossary
  • Index

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