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9780198806523

Foundations of Economics Fifth Edition

by
  • ISBN13:

    9780198806523

  • ISBN10:

    0198806523

  • Edition: 5th
  • Format: Paperback
  • Copyright: 2019-05-30
  • Publisher: Oxford University Press

Note: Supplemental materials are not guaranteed with Rental or Used book purchases.

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Supplemental Materials

What is included with this book?

Summary

Andrew Gillespie's Foundations of Economics is the perfect introduction to all of the key economic principles students need to know.

A combination of crystal clear explanation and unrivalled learning support makes this the most user-friendly textbook available, coaching students in their journey from having no background in economics to a rock solid foundation in the fundamental economic principles.

'Economics in context' boxes explore how economic theory applies to the real world and case studies on topical events reinforce the relevance of these key economic principles to everyday life.

Particular attention is given to meeting the needs of a diverse range of students. Numerical examples clearly demonstrate the application of economic theory and are worked through step-by-step to ensure that no student is left behind, while the 'learn more' feature extends students' knowledge once they have mastered the essentials.

Other features such as the 'debate' boxes and 'data analysis' panels have been carefully crafted to develop the critical thinking and data-handling skills employers are looking for.

The accompanying online resources include a wealth of free-to-access materials, complemented by Dashboard, our online learning and assessment platform.

The online student resources include:
Multiple choice questions
Advanced material
Author blog
Flashcard glossaries
Solutions to questions in the book
Visual walkthroughs of the trickier concepts in the book
Additional 'advise the government' questions to help draw together ideas on government policy and key economic issues
Additional chapter on Business Strategy for students wanting material on broader business issues, such as PESTEL and SWOT analysis
Web links

Adopting lecturers can register to receive access to the following resources:
Dynamic PowerPoint slides
Instructor's manual
Test bank
Guide to the 'advise the government' questions

Dashboard, our online learning and assessment platform, comes pre-loaded with all of the resources listed above, as well as additional questions to use for assessment. Dashboard's Gradebook functionality means that student responses to quizzes are automatically marked, while a virtual heat map provides at-a-glance information on student progress and quickly identifies areas of the course where students may need more practice or support.

Author Biography


Andrew Gillespie, Head of Business and Marketing Director, d'Overbroecks, Oxford and Associate Lecturer, Oxford Brookes University

Table of Contents


Part 1: Microeconomics
1. What is economics?
2. The production possibility frontier (PPF)
3. Demand
4. The elasticity of demand
5. Supply
6. Market equilibrium
7. The free market system
8. Intervening in the market system
9. Costs: Short run and long run
10. Revenues, costs, and profits
11. Perfect competition
12. Monopoly
13. Oligopoly
14. Monopolistic competition and non-price competition
15. The labour market
Part 2: Macroeconomics
16. Introduction to macroeconomics
17. Equilibrium in the economy
18. National income and the standard of living
19. Aggregate demand, aggregate supply, and the price level
20. Consumption
21. Investment
22. Fiscal policy
23. Money
24. Economic growth and the economic cycle
25. Unemployment
26. Inflation and monetary policy
27. Exchange rates and balance of payments
28. International trade, protectionism, and globalization

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

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