Economics, 11th edition

Published by Pearson (July 5, 2024) © 2024

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

Take your first steps into thinking like an economist.

 

A comprehensive introduction to the world of economic theory.

Economics, 11th edition by Sloman, Garratt, and Guest, is the ultimate guide to the fascinating subject of Economics. The book is ideal for the students who want to get a solid understanding of the key concepts in economic theory.

This edition provides valuable insight into the constantly changing, often complex issues, that economists face today.

With content extensively revised, discussing the latest events in the field, this leading student text is the definitive guide on the principles of Economics, from theory to practice.

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
  5. 15 An Introduction to Macroeconomic Issues and Ideas
  6. 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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