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Full Description
It is a great frustration for students of economics that the most topical and innovative areas of the subject are often beyond their reach and not featured in textbooks. In this new text the key topics at the cutting edge of economics are fully explained and discussed in an accessible and user friendly style. The author covers important areas like economic methodology and economic thought and topics that have attracted substantial interest in recent years, including game theory, the environment and economic growth. This text is sure to become essential reading on introductory courses in economics.
Contents
Introduction - SECTION I: AN OVERVIEW OF ECONOMICS - Economic Methodology or How to do Economics - A Brief History of Economic Thought - Microeconomics and Macroeconomics - SECTION II: DEVELOPMENTS IN MICROECONOMICS - Game Theory and its Uses - Privatisation - Economic Theory and the Environment - Government Provision of Services: Health Care and Education - Taxation - International Trade: Old Theories, New Theories and the Single European Market - SECTION III: DEVELOPMENTS IN MACROECONOMICS - Macroeconomic Models - Unemployment, Inflation and the Phillips Curve - Exchange Rates and Economic and Monetary Union - Economics and Politics: Political Business Cycles and Independent Central Banks - Economic Growth: Old Theories, New Theories and Government Policy - Conclusion
