Foundations of Economics

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9780077121884: Foundations of Economics

"Foundations of Economics, Fourth Edition" is ideal for students taking introductory economics modules as part of an interdisciplinary course. Building on the success of the second edition, the book provides accessible overviews of key economic topics, interweaving these with real-world examples and practical activities to equip students to think for themselves. Features of this edition include: topical and up-to-date material, presented alongside real-world examples and policy problems; mini case studies taken from disciplines such as construction, sport and computing, to demonstrate the practical application of economics; increased microeconomic coverage; including separate chapters on supply, demand and markets, to provide students with a thorough grounding in these fundamental areas; a revised structure to the macroeconomics section, beginning with growth, cycles, and issues, before introducing analysis and explanations; learning outcomes and recaps in each chapter, allowing students to track their progress and understanding through the text; key terms, clearly defined throughout each chapter; review questions and answers in each chapter, to test understanding and application of the topics covered; and an easy-to-navigate layout and design, with clearly signposted features and photos and figures to illustrate important concepts. Succinctly offering the proven quality, consistency and clarity of the parent text "Economics" ('The Student Bible' BBC Radio 4), "Foundations of Economics, Fourth Edition" is the essential text for today's non-specialist economics student.

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About the Author:

Professor David Begg is the principal of the Imperial College Business School. He has been a Research Fellow of the Centre for Economic Policy Research since its inception in 1984. He has also been an adviser to the Bank of England and the Treasury.

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