This edition is written specifically for the increasing number of business students undertaking a one-semester course in economics. Presented in a concise, easy-to-read style, the text offers a unique blend of solid theoretical content and student accessibility, covering all the basics of microeconomics and macroeconomics in clear and simple terms. Theory is illustrated using examples drawn from recent real-world events in Australian, New Zealand and South-East Asian economies. Data, exhibits and articles have been thoroughly updated and contemporary policy issues such as those relating to the environment, minimum wages, foreign exchange and tariff protection are addressed. With increasing emphasis being given to ethics in modern business courses, treatment of ethical issues is also highlighted throughout the text. This engaging and user-friendly text is indispensable for modern business students undertaking study in economics.
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