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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Learn today's fundamental principles of Economics from theory to action with this market-leading text.

Essentials of Economics, 8th edition is the latest version of the ultimate guide in the field, thoroughly updated to reflect the latest changes in all major socio-economic issues.

This edition is designed to help you get a clear understanding of today's economic topics, behaviour, and choices from theory to action, and encourages you to think and act like an economist.

The application of theory to real-life examples, and the variety of case studies, questions, and problems further support your understanding of the core economic theories and concepts.

This edition includes a Companion Website.

Brief contents

About the authors

Preface

Student and lecturer resources

Acknowledgements

Publisher's acknowledgements

Part A INTRODUCTION

  1. Economic issues

Part B MICROECONOMICS

  1. Markets, demand and supply
  2. Markets in action
  3. The demand decision
  4. The supply decision
  5. Market structures
  6. Wages and the distribution of income
  7. Market failures and government policy

Part C MACROECONOMICS

  1. Aggregate demand and the business cycle
  2. Aggregate supply and economic growth
  3. The financial system, money and interest rates
  4. Output, unemployment and inflation
  5. Macroeconomic policy

Part D INTERNATIONAL ECONOMICS

  1. Globalisation and international trade
  2. Balance of payments and exchange rates

Websites appendix

Key ideas and glossary

Index

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