This fully updated and revised text provides economics students with a comprehensive introduction to economics. It covers both macroeconomics and microeconomics and explains the principles of economics clearly. With a redesigned layout in full colour, the book is very accessible and is divided into distinct parts that cover: introduction to the market economy, consumers and producers, markets for inputs, market success and market failure, macroeconomics, growth and cycles, macro policy in a monetary economy and global economics issues. Traditionally, a book with a strong European and international focus, this edition has built on this strength and contains a variety of new international examples.
