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  • Format: Paperback
  • Copyright: 2012-03-02
  • Publisher: Oxford University Press

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What sorts of people are unemployed and why?How safe are banks?Should we aim to have no pollution?Why do wages vary so much?Are you interested in debating the answers to these sorts of questions? This book is. Student understanding of economic theory is reinforced throughout this textbook by placing their experiences at the heart of learning. Easy to follow concepts are presented at an appropriate pace, and in a relevant and engaging manner.Students can easily dip in and out of the material without forfeiting their understanding of topics as a whole through the use of innovative pedagogy such as regular re-cap features and convenient summary sections. Covering purely the essential topics needed on an introductory economics module, Economics is refreshingly straightforward with concise explanations and clear navigation throughout. Students do not have to waste time and effort wading through superfluous material. More concise, focussed, and affordable than other offerings, this is exactly the textbook students' need. A truly economical textbook! Accompanied by an Online Resource Centre comprising:For students: * MCQs * Oxford NewsNow * Web links, * Flashcard glossaryFor lecturers: * Test bank* Customisable PowerPoint slides

Table of Contents

Part One: Introduction to Economics
1. The Nature of Economics
2. Scarcity, Governments and Economics
Part Two: Microeconomics
3. Supply and Demand
4. Elasticity of Demand and Supply
5. Governments and Markets
6. Household Behavior
7. Introducing the Theory of the Firm
8. Production Functions and Methods
9. Perfect Competition
10. Monopoly and Monopolistic Competition
11. Oligopoly
12. Governments, Monopolies and Oligopolies
13. Governments and Resource Allocation
14. Markets for Labor
15. Land and Capital
16. Governments and the Redistribution of Income
Part Three: Macroeconomics
17. Introduction to Macroeconomics
18. The National Accounts
19. GDP and the Multiplier Model
20. Money, Banks and Interest Rates
21. GDP and Prices: The AS-AD model
22. Unemployment
23. Inflation and Unemployment
24. Business Cycles
25. Economic Growth
26. Monetary, Fiscal and Supply-side Policies
27. International Trade
28. International Payments

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