Principles of Economics, 4th edition

Published by Pearson (September 20, 2013) © 2014

  • John Sloman University of Bristol
  • Keith Norris Murdoch University
  • Dean Garrett
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Title overview

Suited to introductory courses in economics

Principles of Economics is designed with one overriding aim: to make this exciting and highly relevant subject clear, accessible and easy to understand.

The text puts economics in the context of the real world, bringing the subject alive and giving students an insight into the economy in which we live and the economic forces that shape our lives. The distinguishing features of this resource are its clarity and conciseness, which make Principles of Economics ideally suited to introductory courses in economics largely inhabited by business studies students and other non-economics majors.

Table of contents

  • Chapter 1 Economic issues
  • Part A Microeconomics
  • Chapter 2 Markets, demand and supply
  • Chapter 3 Markets in action
  • Chapter 4 Background to supply
  • Chapter 5 Perfect competition and monopoly
  • Chapter 6 Imperfect competition
  • Chapter 7 Market failures and government policy
  • Chapter 8 Wages and employment
  • Part B Macroeconomics
  • Chapter 9 Introduction to macroeconomics
  • Chapter 10 The determination of Gross Domestic Product
  • Chapter 11 Banking, money and interest rates
  • Chapter 12 Inflation
  • Chapter 13 Macroeconomic policy
  • Part C The Global Economy
  • Chapter 14 Globalisation and international trade
  • Chapter 15 Balance of payments and exchange rates
  • Glossary
  • Index

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