Understanding the Economic Environment

Understanding the Economic Environment A step-by-step introduction to the key elements of economic theory and a general introduction to mainstream economics in contemporary New Zealand

This 4th edition of Understanding the Economic Environment clearly explains and illustrates the essential tools of economic analysis and applies them to a range of current issues in New Zealand.

Students are encouraged to understand and apply the economic principles they are learning and to critically evaluate these principles as they relate to decision-making for business and government economic policy.

Key features of this 4th edition include: Full-colour and new design to make learning experience more straightforward, engaging and enjoyable for the student; Updated content to reflect the current NZQA prescription; Increased New Zealand content in each chapter relating to current events; Reduced extent and a more concise focus on key economic principles; New and updated ancillary content for lecturers that includes New Zealand specific content; lecture slides (PowerPoint) and answers to end of chapter questions.