Economics

Just like the economy, Economics has also been through a thorough overhaul. While retaining its classic features and clear and engaging writing style, it has many new features, including: • New co-author Alison Wride from the University of Exeter. • New Part D on Microeconomic Policy with separate chapters on government policies towards the environment, big business and inequality. • Expanded section on Game Theory covering multiple move and single shot games. • The most exhaustive revision to date of the Macroeconomics section. The impact of the financial crisis, banking collapse and subsequent recession on fiscal and monetary policy is explored in detail, as is the role of securitisation and issues of liquidity and risk. Go to www.pearsoned.co.uk/sloman, your gateway to all the online resources for this new edition, including: • A new regularly updated Economics in the News site with accompanying podcasts. • A new student revision centre with a wealth of resources such as self-testing interactive questions and answers, revision cards, audio animations and hints and tips to help you do well in your exams. • A new edition of MyEconLab. Redeem your access code included with this textbook to gain access to an unrivalled online study and testing resource, providing you with personalised practice exactly where you need it most. See Getting Started with MyEconLab on page xxii for more details. “The book has been written and revised in successive editions with a dedicated focus on the needs of students.” Roy Bailey, University of Essex “A key strength of the book is the student-friendly writing style. The author definitely takes a student point of view with respect to discussion and explanation.” Pam Siler, University of Abertay, Dundee John Sloman is Director of the Economics Network, the Economics subject centre of the Higher Education Academy. Economics Network is based at the University of Bristol. John is also Visiting Professor at the University of the West of England, Bristol. John Sloman • Alison Wride ECONOMICS Seventh Edition John Sloman • Alison Wride “There are a number of key strengths in the Sloman book. First, the clarity of the written style is outstanding. Second, the learning features are exceptional. Third, the way in which the subject is tackled using logical ideas, graphical representation as well as the algebra gives students confidence in their own ability to learn difficult topics. Fourth, the delivery of material across multi-media platforms is innovative and shows much creativity.” Ian Jackson, Staffordshire University ECONOMICS The seventh edition of Economics contains the most up-to-the-minute coverage and uses the latest data to track and analyse the impact of the global financial crisis on our economy. Seventh Edition Economics has never been so exciting to learn, nor so challenging to teach! Alison Wride is Deputy Director of the University of Exeter Business School and an Associate Professor in Economics. r re s o u l i n e le a r ni u a b le CVR_OMAN5627_07_SE_CVR.indd 1 ng s u n loc va l ACCESS CODE INSIDE on An imprint of ce k Front cover images: © Getty Images ONCE OPENED THIS PACK CANNOT BE RETURNED FOR A REFUND www.pearson-books.com 14/4/09 11:37:17 ECON_A01.qxd 3/04/2009 15:22 Pa