Economics
The Basics
4th Edition
Published on 2. October 2023
300 pages
978-1-000-96171-3 (ISBN)
Description
Now in its fourth edition, Economics: The Basics continues to provide an engaging and topical introduction to the key issues in contemporary economics.
The new edition has been fully updated to take into account recent world economic events and key developments, such as the impact of the Covid-19 pandemic and the war in Ukraine, recurring financial crises, deglobalisation and changing patterns in international trade, the rise of China, the digital economy, rising inflation, and housing and currency markets. It covers fundamental issues, including:
How different economic systems function
The boom-and-bust cycle of market economies
The impact of multinational corporations
How price, supply and demand interact
The role of the banking and finance industry
Whether we can reduce poverty and protect the environment
With a glossary of terms, suggestions for further reading and new case studies, this comprehensive and accessible guide is essential reading for first-year undergraduate economics students and anyone who wants to understand how economics works.
The new edition has been fully updated to take into account recent world economic events and key developments, such as the impact of the Covid-19 pandemic and the war in Ukraine, recurring financial crises, deglobalisation and changing patterns in international trade, the rise of China, the digital economy, rising inflation, and housing and currency markets. It covers fundamental issues, including:
How different economic systems function
The boom-and-bust cycle of market economies
The impact of multinational corporations
How price, supply and demand interact
The role of the banking and finance industry
Whether we can reduce poverty and protect the environment
With a glossary of terms, suggestions for further reading and new case studies, this comprehensive and accessible guide is essential reading for first-year undergraduate economics students and anyone who wants to understand how economics works.
More details
Series
Edition
4th edition
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Product notice
Reflowable
Illustrations
6 Tables, black and white; 66 Line drawings, black and white; 66 Illustrations, black and white
ISBN-13
978-1-000-96171-3 (9781000961713)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Person
Tony Cleaver is a retired Senior Teaching Fellow in Economics at the University of Durham, UK. Originally from London, Cleaver has been a journalist, hippy, teacher, road sweeper, mountain guide, university lecturer and writer. He has lived and worked in the UK, Singapore, Chile, the Netherlands and Colombia - all of which have inspired his interest in international economics.
Content
1. Introduction 2. We Cannot Keep Going Like This 3. Economic Systems 4. Neoclassical Economics, the Price Mechanism and Equilibrium 5. The Business of Supply 6. The Changing World of Macroeconomics 7. Money, Banking and Financial Folly 8. International Trade: Theory and Applications 9. Can We Reduce Poverty and Protect the Environment?
