Foundations of Economics: Fifth Edition / Edition 5

Foundations of Economics: Fifth Edition / Edition 5

by Andrew Gillespie
ISBN-10:
0198806523
ISBN-13:
9780198806523
Pub. Date:
05/30/2019
Publisher:
Oxford University Press
ISBN-10:
0198806523
ISBN-13:
9780198806523
Pub. Date:
05/30/2019
Publisher:
Oxford University Press
Foundations of Economics: Fifth Edition / Edition 5

Foundations of Economics: Fifth Edition / Edition 5

by Andrew Gillespie

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Overview

Andrew Gillespie's Foundations of Economics is the perfect introduction to all of the key economic principles students need to know.

A combination of crystal clear explanation and unrivalled learning support makes this the most user-friendly textbook available, coaching students in their journey from having no background in economics to a rock solid foundation in the fundamental economic principles.

'Economics in context' boxes explore how economic theory applies to the real world and case studies on topical events reinforce the relevance of these key economic principles to everyday life.

Particular attention is given to meeting the needs of a diverse range of students. Numerical examples clearly demonstrate the application of economic theory and are worked through step-by-step to ensure that no student is left behind, while the 'learn more' feature extends students' knowledge once they have mastered the essentials.

Other features such as the 'debate' boxes and 'data analysis' panels have been carefully crafted to develop the critical thinking and data-handling skills employers are looking for.

The accompanying online resources include a wealth of free-to-access materials, complemented by Dashboard, our online learning and assessment platform.

The online student resources include:
Multiple choice questions
Advanced material
Author blog
Flashcard glossaries
Solutions to questions in the book
Visual walkthroughs of the trickier concepts in the book
Additional 'advise the government' questions to help draw together ideas on government policy and key economic issues
Additional chapter on Business Strategy for students wanting material on broader business issues, such as PESTEL and SWOT analysis
Web links

Adopting lecturers can register to receive access to the following resources:
Dynamic PowerPoint slides
Instructor's manual
Test bank
Guide to the 'advise the government' questions

Dashboard, our online learning and assessment platform, comes pre-loaded with all of the resources listed above, as well as additional questions to use for assessment. Dashboard's Gradebook functionality means that student responses to quizzes are automatically marked, while a virtual heat map provides at-a-glance information on student progress and quickly identifies areas of the course where students may need more practice or support.

Product Details

ISBN-13: 9780198806523
Publisher: Oxford University Press
Publication date: 05/30/2019
Edition description: 5th ed.
Pages: 720
Product dimensions: 10.40(w) x 7.60(h) x 1.30(d)

About the Author

Andrew Gillespie, Head of Business and Marketing Director, d'Overbroecks, Oxford and Associate Lecturer, Oxford Brookes University

Table of Contents

Part 1: Microeconomics1. What is economics? 2. The production possibility frontier (PPF)3. Demand4. The elasticity of demand5. Supply6. Market equilibrium7. The free market system8. Intervening in the market system9. Costs: Short run and long run10. Revenues, costs, and profits11. Perfect competition12. Monopoly13. Oligopoly14. Monopolistic competition and non-price competition15. The labour marketPart 2: Macroeconomics16. Introduction to macroeconomics17. Equilibrium in the economy18. National income and the standard of living19. Aggregate demand, aggregate supply, and the price level20. Consumption21. Investment22. Fiscal policy23. Money24. Economic growth and the economic cycle25. Unemployment26. Inflation and monetary policy27. Exchange rates and balance of payments28. International trade, protectionism, and globalization
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