Economics 8e

The new edition continues to engage with the latest theoretical developments in economics. With a host of new boxes, data, and examples throughout, the new revision brings economics right up-to-date. A brand new feature of this edition is free access to Power Web, an online database of refereed articles, news stories and features about economics topics, kept right up-to-date with daily news feeds. Accompanied by a fantastic range of extra resources for students and lecturers, the new edition provides the complete package of materials for students of economics and their lecturers.Fully revised coverage of competition policy in Chapter 17, including revisions of industry policy and competition policy sections. Also new to this chapter is up-to-date coverage of EU competition law, helping students to understand the latest changes in practice and policy in the UK and European economy. |Thorough revisions to coverage of inflation targeting in Chapters 24 and 25: Chapter 24 has been revised to help students clarify the discussion of monetary policy rules and the ISLM. Revised coverage and new figures have also been added to illustrate shocks to monetary demand, plus a revised section 25.1 on inflation and aggregate demand helps to ensure this difficult topic is clearly explained.|New and updated boxes with an international flavour throughout the book. The new edition includes a greater of examples of economics from around the world, including coverage of ChinaĹźs industrial revolution (Chapter 19), the economic growth of Dubai (Chapter 30), the stability of Malaysian currency pegged to the US dollar (Chapter 34) and coverage of EU enlargement (Chapter 35). New boxes on topical microeconomics stories include the Sony and Bertelsmann merger, widening access to higher education, and Marks and SpencerĹźs high street woes. Macroeconomics subjects such as Behavioural Finance (Chapter 13), the UK housing market bubble (Chapter 23) and policies to lower unemployment (Chapter 27) are also new to this edition.|The new edition comes with Powerweb. The Power Web password card packaged with the book provides students with free access through the bookĹźs Online Learning Centre (OLC) to an online database of articles, news features, cases, quizzes and more, dealing with economics topics. Power Web is an excellent source of information for research and assignments, and enables students to keep up-to-date with economics in the news.|New resources for lecturers and students:In addition to free PowerWeb access, the new edition is accompanied by an expanded range of supplementary material, providing time-saving teaching resources for lecturers featuring a new and improved test bank of questions. Helpful additional learning resources for students include more student test questions for revision. |The book continues to offer a clear and consistent structure for students to follow, presented in an improved page layout. Learning objectives provide pointers for the direction of each chapter, key terms are highlighted for quick reference, a wealth of examples highlight new and topical economics issues, and chapter recaps summarise the key findings of each chapter. Review questions are provided and are accompanied by answers in the back of the text for students to test their progress.