This book is written for non-specialist students taking introductory economics courses as part of a business studies degree or diploma or any other introductory economics course which is taught from a business perspective. The book will also be suitable for MBA, DMS and other professional courses. The aim of Economics for Business is to make the intriguing subject of economics more accessible and relevant to those studying it as part of a business-related degree. The book covers all of the major principles of economics but its focus throughout is firmly on applying these economic principles to the real world of business. This practical approach ensures that this book is highly accessible and an ideal economics text for business students.