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Economics: The Basics

Economics: The Basics

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Economics: The Basics provides an engaging and topical introduction to contemporary economics, with a new edition updated to take into account recent world economic events and key developments. It covers fundamental issues such as how different economic systems function, the boom-and-bust cycle, the impact of multinational corporations, price, supply, and demand, and the role of the banking and finance industry.

Format: Paperback / softback
Length: 294 pages
Publication date: 02 October 2023
Publisher: Taylor & Francis Ltd


Economics: The Basics, now in its fourth edition, remains an engaging and topical introduction to the key issues in contemporary economics. The new edition has undergone a thorough update to reflect recent global economic events and significant developments, including the profound impact of the COVID-19 pandemic and the ongoing war in Ukraine, recurring financial crises, the phenomenon of deglobalization, shifting patterns in international trade, the rise of China, the emergence of the digital economy, the surge in inflation, and the dynamics of housing and currency markets. This comprehensive guide covers fundamental topics such as:

Understanding the functioning of different economic systems
Exploring the boom-and-bust cycle of market economies
Assessing the influence of multinational corporations
Exploring the interplay between price, supply, and demand
Exploring the role of the banking and finance industry
Evaluating the potential for reducing poverty and safeguarding the environment

In addition to a comprehensive glossary of terms, suggestions for further reading, and new case studies, Economics: The Basics offers a valuable resource for first-year undergraduate economics students and anyone seeking to gain a deeper understanding of how economics operates in the modern world.

Weight: 328g
Dimension: 128 x 198 x 19 (mm)
ISBN-13: 9781032472812
Edition number: 4 ed

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