Publisher's Synopsis
Now firmly established as one of the leading economics principles texts in Europe, the Middle East and Africa, this highly anticipated second edition of Economics by N. Gregory Mankiw (Harvard University) and Mark Taylor (Warwick University) will further enhance the book's reputation for clarity, authority and real-world relevance. This Second Edition provides: New case studies and news articles providing relevant and topical insights into real life economics from UK, Europe, Middle East, and South Africa Two new chapters, one offering highly topical and in-depth coverage of the causes and effects of the global financial crisis and one covering Keynesian economics and IS-LM analysis An introduction to the latest thinking in economics, particularly regarding some aspects of behavioural economics, to help students see different explanations for economic phenomena An emphasis throughout on 'thinking like an economist' - adopting the tools, methods and concepts economists use in addressing problems and issues Economics is essential reading for all students taking introductory economics modules on undergraduate courses. It is also suitable for use with the economics component of MBA courses.
