Essentials of Economics, 9th edition by John Sloman and Dean Garratt provides a clear, concise and engaging introduction to economics, making it the ideal textbook if you are studying on a one-semester or non-specialist course.
The new edition has been thoroughly updated to include analysis and insights into real global problems, such as the climate emergency, the Russian invasion of Ukraine, the Covid-19 pandemic, and the cost-of-living crisis. It also discusses how economic thinking and government policies might be applied to address them.
Key features include
- topical examples, news stories and case studies to explain and illustrate key economic concepts
- activities, questions, and useful summaries to help you check your understanding and progress
- Key ideas are highlighted, explained and linked throughout the text to help you see connections and start to think like an economist
- Up-to-date charts and tables throughout the book reflect the most recent economic data
Access the free student website that accompanies this book for additional learning support, including animated explainers of key economic models, 225 extra case studies and answers to in-text questions.
Also available with MyLab® Economics
MyLab® is the teaching and learning platform that allows instructors to reach every student with powerful self-study material and assessments. By combining trusted author content with digital tools and a flexible platform, MyLab Economics personalises the learning experience and improves results for each student.
If you would like to purchase both the physical text and MyLab Economics search for:
9781292440248 Essentials of Economics 9th Edition with MyLab Economics
Package consists of:
- 9781292440101 Essentials of Economics 9th Edition
- 9781292440057 Essentials of Economics 9th Edition MyLab Economics
- 9781292440064 Essentials of Economics 9th Edition Pearson eText
- Economic issues
- Markets, demand and supply
- Markets in action
- The demand decision
- The supply decision
- Market structures
- Wages and the distribution of income
- Market failures and government policy
- Aggregate demand and the business cycle
- Aggregate supply and economic growth
- The financial system, money and interest rates
- Output, unemployment and inflation
- Macroeconomic policy
- Globalisation and international trade
- Balance of payments and exchange rates
- 36 'key ideas', highlighted and explained when they first appear, provide a ‘toolkit' for your students, showing how these ideas can be used in a variety of contexts and helping them relate different parts of the subject together.
- 15 'Threshold Concepts' are highlighted in the text. Understanding and being able to use these concepts, such as opportunity cost, helps your students think like economists.
- Despite considerable updating, the book retains the same structure as the previous edition, making the transition to the 9th edition straightforward as it removes the need to update references to chapters and pages in the book.
- New content covers the impact of the COVID-19 pandemic and the various measures taken by governments to limit economic damage.
- New content offers an analysis of the impact on inflation and the problems that occurred for both supply and demand, in the aftermath of COVID and the Russian invasion of Ukraine. The reaction of governments and central banks is also considered.
- Renewed focus on the climate emergency with consideration of the economic causes & government policies to tackle global warming.
- Renewed coverage of behavioural economics.
- Updated charts and tables throughout the book reflect current data.
- Updated and thoroughly revised policy sections reflect the changes that have taken place since the last edition, including a thorough analysis of the implications of the UK’s exit from the EU and the policies being pursued in various parts of the world that restrict trade.
- Strengthened and revised economic analysis and debate throughout the text in light of economic events and developments in economic thinking.
Produktdetaljer
Om bidragsyterne
John Sloman was Director of the Economics Network from its foundation in 1999 until 2012, and is now Visiting Fellow at the University of Bristol where the Network is based. John is also Visiting Professor at the University of the West of England, Bristol.
Dean Garratt is a Senior Teaching Fellow at Aston Business School and Associate of the Economics Network. Dean was also an Academic Assessor for Government Economics Service and a tutor on HM Treasury's Graduate Development Programme.
Discover more on our Sloman Economics news site.