• Comprehensive coverage of the financial crisis and subsequent changes to the global economic landscape allows students to apply the economic principles to important contemporary issues
• The authors provide a consistent theoretical framework and relate it to a wide range of applied material, highlighting the relevance of the topics to business and policy making
• Global case studies give a broad international perspective on economics and encourage readers to develop and contextualise their understanding of the core themes
• Problem solving and numerical questions encourage readers to develop analytical skills
• Also available as an e-book with functionality, navigation features, and links that offer extra learning support

New to this Edition:

• The importance of international supply chains as they affect business and international trade has been expanded in the micro and macro sections throughout the book
• Updated and extended coverage of important current issues such as climate change and the productivity puzzle in Chapter 26, and Brexit and trade wars in Chapter 27

The authors help students to understand the subject matter through a combination of lucid explanation and supportive learning features which encourage independent thought. The principles are examined through a theoretical lens before empirical examples demonstrate how the concepts work in practice.

The applied nature of the models is further emphasised by case studies from around the world, which encourage students to develop and contextualise their understanding of the key themes.
Suitable for beginners, the authors provide in-depth explanations of key theoretical concepts which relate to a wide range of applied material. End-of-chapter questions give students the opportunity to test their knowledge and advance their critical thinking skills.

Economics undergraduates studying a core module on the principles of economics. It may also be suitable for students taking business, management, or finance and accounting degrees who are taking a module which introduces economics.

This book is accompanied by online resources to support both students and lecturers.

For students:
- Self-test questions
- Flashcard glossary
- Additional chapter material
- Web links

For registered adopting lecturers:
- PowerPoint slides
- Instructor's manual
- Test bank
- Additional chapters covering Economics of Developing Countries and Macroeconomic Policy in an Open Economy.