Introduction -- 1. Economic issues -- PART A: Microeconomics -- 2. Markets, demand and supply -- 3. Markets in action -- 4. Background to supply -- 5. Perfect competition and monopoly -- 6. Imperfect competition -- 7. Market failures and government policy -- 8. Wages and employment -- PART B: Macroeconomics -- 9. Introduction to macroeconomics -- 10. The determination of Gross Domestic Product -- 11. Banking, money and interest rates -- 12. Inflation -- 13. Macroeconomic policy -- PART C: The global economy -- 14. Globalisation and international trade -- 15. Balance of payments and exchange rates
Summary
This new edition has been completely updated and includes material on the global financial crisis and the impact of global climate change legislation
Analysis
Australian
Economics (Australia)
Notes
"Authorised adaptation from the original UK edition, entitled Essentials of economics 6/e"--Colophon
