Overview

Economics affects our daily lives in crucial ways. We constantly hear about recessions and unemployment, inflation and cost-of-living crises, economic growth and inequality, climate change and carbon taxes, interest rates and house prices, and tariffs and trade wars. What does this all mean? Written in a highly engaging style, Economics: A Global Introduction cuts through the jargon to provide a comprehensive introduction to the basics of economics. This book includes applications of economic principles and insights from behavioural economics into contemporary issues such as global warming and the COVID-19 pandemic. This book is replete with real-world examples and anecdotes from politics, literature, film, and sports to help the reader grasp fundamental micro- and macroeconomic concepts. Student-friendly features include case studies, start-of-chapter learning objectives, discussion questions and answers, further reading suggestions, and mathematical appendices. This book is accompanied by useful digital resources, including lecture recordings, PowerPoint slides, and a test bank containing both multiple-choice and essay questions and answers. Suitable for students who may pursue further studies in economics, as well as those choosing a different field, Economics: A Global Introduction is the ideal textbook for providing students with an economic perspective on the world.

Full Product Details

Author:   Ananish Chaudhuri
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   1.170kg
ISBN:  

9781032411507

ISBN 10:   1032411503
Pages:   508
Publication Date:   20 January 2025
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Preface. 1. Economics: A way of thinking about 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. Index

Reviews

“This book introduces economics to non-economists in ways that they can keep the insights with them for the rest of their lives. Even in an introductory course it manages to delve into themes like AI, climate change and cryptocurrencies, while drawing on cutting edge research from behavioural and neuroeconomics.” —Sudipta Sarangi, Professor and Chairperson of Economics, Virginia Tech and Author of ‘The Economics of Small Things’. “This is a delightful and innovative textbook that demonstrates the author’s deep commitment to teaching and student learning. His relevant and meaningful approach to economic theory and economic thinking, dealing with the major social, political, and economic issues that all of us face in today's world, is spirited and refreshing.” —Gary Gigliotti, Professor of Economics and Special Advisor (Academic Assessment), Office of the Executive Vice President for Academic Affairs, Rutgers University.

Author Information

Ananish Chaudhuri is Professor of Experimental Economics at the University of Auckland Business School.

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