A comprehensive yet succinct overview of the theory and practice of economics.
Chapter 1: What is Economics?
Chapter 2: Supply and Demand
Chapter 3: Applications of Supply and Demand Analysis
Chapter 4: Consumer Theory
Chapter 5: Costs of Production
Chapter 6: Profit and the Behaviour of the Firm
Chapter 7: Market Structures
Chapter 8: Markets for Factors of Production
Chapter 9: Market Failure
Chapter 10: National Income
Chapter 11: The Determination of National Income
Chapter 12: Government in the Circular Flow
Chapter 13: Money and Banking
Chapter 14: IS/LM Model
Chapter 15: AS-AD Model
Chapter 16: International Trade
Chapter 17: Exchange Rates
Chapter 18: The Economics of European Integration
Answers to Self-Test Questions
James O’Leary, BSc(econ), MSc(econ), a graduate of the London School of Economics, has extensive experience lecturing and assessing Economics at undergraduate and professional level on a wide range of courses.