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Written in a highly engaging style,
Economics: A Global Introduction cuts through the jargon to provide a comprehensive introduction to the basics of economics. The book includes applications of economic principles and insights from behavioural economics into contemporary issues such as global warming and the COVID-19 pandemic.
List of contents
1. Economics: A different way of looking at the world
Part 1 Microeconomics 2. Buyers, sellers, and markets 3. Beyond demand and supply: Behavioural analyses of markets 4. Elasticity of demand and applications 5. The pricing decision for a firm 6. Monopoly and market power 7. Competition and the limits of market power 8. Thinking strategically 9. Tackling climate change
Part 2 Macroeconomics 10. Measuring a country's income and the cost of living 11. Who saves, who borrows, and why? 12. The benefits of international trade (and its discontent) 13. Currencies and exchange rates 14. Living in a globalized world 15. Economic upheavals and government policy
Part 3 Answers 16. Answers to end of chapter discussion questions.
About the author
Ananish Chaudhuri is Professor of Experimental Economics at the University of Auckland Business School.
Summary
Written in a highly engaging style, Economics: A Global Introduction cuts through the jargon to provide a comprehensive introduction to the basics of economics. The book includes applications of economic principles and insights from behavioural economics into contemporary issues such as global warming and the COVID-19 pandemic.