Economics explained - Peter Maunder

Authoritative, yet accessible to all, the revised and fully updated edition of this leading introductory textbook is essential reading for A-level economics students.

The book is divided into five main sections:

1. Markets and Models
Includes: economic systems, the price system, supply and demand.
2. Market Failure and Governments
Inlcudes : government intervention in the economy, environmental and welfare issues, income distribution.
3. The National Economy (Introductory macroeconomics)
Includes: national income accounting, aggregate supply and demand, money and financial institutions.
4. Microeconomic Theory
Includes: consumer choice, pricing and output decisions, rent, interest and profits.
5. Economic Issues and Policies
Includes: growth, competition, monetary policy and inflation, economic development.