Economics, 11th edition by Sloman, Garratt, and Guest, is the ultimate guide to the fascinating subject of Economics. The book is ideal for students who want to understand the key concepts in economic theory.
This edition provides valuable insight into the constantly changing, often complex issues, that economists face today.
With content extensively revised, discussing the latest events in the field, this leading student text is the definitive guide on the principles of Economics, from theory to practice.
TABLE OF CONTENTS - Part A INTRODUCTION
1. Economics and Economies
Part B FOUNDATIONS OF MICROECONOMICS
2. Supply and Demand
Part C MICROECONOMIC THEORY
4. Background to Demand: The Rational Consumer
5. Consumer Behaviour in an Uncertain World
6. Background to Supply
7. Profit Maximising under Perfect Competition and Monopoly
8. Profit Maximising under Imperfect Competition
9. The Behaviour of Firms
10. The Theory of Distribution of Income
Part D MICROECONOMIC POLICY
11. Inequality, Poverty and Policies to Redistribute Income
12. Markets, Efficiency, and the Public Interest
13. Environmental Policy
14. Government Policy towards Business
Part E FOUNDATIONS OF MACROECONOMICS
15. An Introduction to Macroeconomic Issues and Ideas
16. The Development of Macroeconomic Thinking: a Historical Perspective
Part F MACROECONOMIC MODELS, THEORIES AND POLICY
17. Short-Run Macroeconomic Equilibrium
18. Banking, Money, and Interest Rates
19. The Relationship between the Money and Goods Markets
20. Aggregate Supply, Inflation and Unemployment
21. The Relationship between Inflation, Unemployment and Output
22. Fiscal and Monetary Policy
23. Long-term Economic Growth and Supply-side Policies
Boxes
Part G THE WORLD ECONOMY
24. International Trade
25. The Balance of Payments and Exchange Rates
26. Economies in an Interdependent World
Postscript: Reality Island
Appendix 1: Some Techniques of Economic Analysis
Appendix 2: Websites
Threshold Concepts and Key Ideas
Glossary
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