First Principles of Economics

"First Principles of Economics" is an introduction to economics for complete beginners. Throughout the book priority is given to providing thoroughly understandable explanations of basic economic principles. Anything that might confuse or mislead is covered slowly and helpfully with the aid of clear diagrams, so that the student can understand exactly what each economic concept does - and does not - involve. The book has been comprehensively revised and updated for this second edition. Important new features include: boxes that illustrate the application of economic theory to current problems; typical GCE A-level examination questions at the end of every chapter (with answers at the back of the book); new material giving increased emphasis to many topics, including privatization, taxation, international economic unions, human capital, location of industry, economic growth and development, unemployment policies, and fixed versus flexible exchange rates. "First Principles of Economics" has been written with the needs and abilities of GCE A-level candidates in mind.
It is also suitable for first-year undergraduates, especially those without A-level economics and taking non-specialist degrees, and for those preparing for the economics examinations of professional bodies.
 
"First Principles of Economics" is an introduction to economics for complete beginners. Throughout the book priority is given to providing thoroughly understandable explanations of basic economic principles. Anything that might confuse or mislead is covered slowly and helpfully with the aid of clear diagrams, so that the student can understand exactly what each economic concept does - and does not - involve. The book has been comprehensively revised and updated for this second edition. Important new features include: boxes that illustrate the application of economic theory to current problems; typical GCE A-level examination questions at the end of every chapter (with answers at the back of the book); new material giving increased emphasis to many topics, including privatization, taxation, international economic unions, human capital, location of industry, economic growth and development, unemployment policies, and fixed versus flexible exchange rates. "First Principles of Economics" has been written with the needs and abilities of GCE A-level candidates in mind.
It is also suitable for first-year undergraduates, especially those without A-level economics and taking non-specialist degrees, and for those preparing for the economics examinations of professional bodies.