Throughout this book the author asks key questions to get the student thinking about the problems facing an economist. In this edition over 150 new multiple-choice questions as well as discussion questions have been added. The text tries to minimise the use of technical jargon and there are clear discussions on difficult concepts. The book is suitable for students doing a short course as well as students who wish to continue with the subject.
CHAPTER 1: INTRODUCTION TO ECONOMICS
Appendix A: Working with graphs and numbers
CHAPTER 2: CONSUMER CHOICE: MARGINAL UTILITY
Appendix B: Another explanation of consumer demand: Indifference curve analyses
CHAPTER 3: SUPPLY AND DEMAND
CHAPTER 4: ELASTICITY
CHAPTER 5: INPUT/OUTPUT RELATIONSHIPS
CHAPTER 6: MARKET STRUCTURES: THE PERFECT COMPETITIVE MARKET
CHAPTER 7: MARKET STRUCTURES: THE MONOPOLY
CHAPTER 8: MARKET STRUCTURES: IMPERFECT COMPETITION
CHAPTER 9: PRIVATISATION AND DEREGULATION
