Sloman J., Garratt D. Essentials of Economics 9ed 2023

Textbook in PDF format

This best-selling text introduces key economic ideas and concepts, helping you understand how they relate to real-life issues and global problems, including the climate emergency, the Russian invasion of Ukraine, the Covid-19 pandemic and the cost-of-living crisis.Each chapter is packed with features to support your learning, such as definitions, clear examples, news stories and case studies, whilst integrated activities and questions will help you check your understanding. Access the free student website that accompanies the text for walk-through explainers, cases, answers and more.
Introduction
Economic issues
Microeconomics
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
Macroeconomics
Aggregate demand and the business cycle
Aggregate supply and economic growth
The financial system, money and interest rates
Output, unemployment and inflation
Macroeconomic policy
International economics
Globalisation and international trade
Balance of payments and exchange rates