Economics touches almost every aspect of life, from climate change to terrorism, taxes to house prices, wages, to how much time to spend studying. Thinking like an economist will enable you to evaluate economic policies, understand human behaviour, and make more informed decisions.
This comprehensive text provides detailed presentation of the principles of economics, using real-world examples and applications. The aftermath of the global financial crisis is covered in depth, and its implications for future economic policy are thoroughly examined.
Economics
Eighth Edition
Parkin Powell Matthews
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Think like an economist!
Economics touches almost every aspect of life, from climate change to terrorism, taxes to house prices, wages, to how much time to spend studying! Thinking like an economist will enable you to evaluate economic policies, understand human behaviour, and make more informed decisions.
This comprehensive revision retains the hallmarks of previous editions, with a thorough and detailed presentation of the principles of economics, an emphasis on real-world examples and applications, and on the development of your critical thinking skills. The aftermath of the global financial crisis is covered in depth, and its implications for future economic policy are thoroughly examined.
The leading economists in the news today started out like you, as students taking a course in the principles of economics. Like them, you can learn to think like an economist, and this book will show you how.
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www.myeconlab.com
‘MyEconLab is an excellent source of information and is an invaluable study aid. This book is highly-recommended reading for students taking a first course in economics.’
Dr Phil Tomlinson, University of Bath, UK
‘MyEconLab is packed with useful teaching and learning resources and makes it an attractive journey for both students and teachers.’
Dr Jen Snowball, Rhodes University, South Africa
‘The authors are to be congratulated on producing a highly readable and comprehensive coverage of the central issues in economics. The thoughtful combination of theory, examples and real world application is superb.’
Professor Steve Cook, Swansea University
Michael Parkin is Professor Emeritus at the University of Western Ontario. His books are used by over a million students across the world.
Melanie Powell is Reader in Economics at Derby University Business School.
Kent Matthews is the Sir Julian Hodge Professor of Banking and Finance at the Cardiff Business School.
