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Foundations of Economics, 2/e
David Begg, Birkbeck College, University of London, UK

Feature Summary

Key features:

NEW: Pared down content focusing on the key topics in the appropriate depth and rigour.  The new edition focuses on “going back to basics”, making the text ideal for a short course and ensuring greater depth in the important topics to be mastered at this introductory level.  The streamlined approach aims to offer a clear and non-technical grounding in economics, and therefore features an increased number of figures and diagrams, to assist students in visualising economic concepts as they progress.

Providing a unique modular structure for flexibility, each chapter is divided into sections with learning outcomes, recap sections and assessment questions.  The structure allows topics to be dealt with in self-contained sections and provides lecturers with the flexibility to select topics from within chapters, and assists students in digesting chunks of material.

NEW and updated applications and boxes feature current and topical examples from the Financial Times, World Bank, OECD, and IMF reports, and other current and authoritative sources.  New boxes offer topical and thought-provoking examples, for instance, on the value of brands, the telecommunications industry, online piracy, package holidays, footballers’ wages in the Premiership, and other examples of economic principles in action.  Other boxes explore current thinking- such as Nobel prize-winning economics, or recent government policy- in more detail. Companies featured in the boxes include Corus, EMI, Nintendo, Sony, Microsoft, Unilever, Orange, Railtrack and Manchester United, among other well-recognised brands and organisations.

NEW: Suggested answers to the chapter-by-chapter questions are provided at the end of the text, to help students to apply and evaluate economic tools and test their understanding as they progress.  Also new to this edition is a full glossary, helpful to students when checking and revising key terms.

New online resources for students and lecturers, offering interactive economics to students through test questions, problems, case, news features, further reading and on-line links.  Lecturers are provided with an improved and expanded range of online materials for tests, lectures, and class teaching.