Economics : A Global Introduction

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. The book includes applications of economic principles and insights from behavioural economics into contemporary issues such as global warming and the COVID-19 pandemic. The 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. The 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 both 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.

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