Economics: The Basics - Tapa dura

"As part of the Routledge series 'The Basics,' Cleaver (Univ. of Durham, UK) has updated his 2004 edition to include an engaging, informative first chapter on the recent worldwide financial crisis... Lucid writing and an international perspective differentiate this book from similar surveys such as Economics for the Rest of Us by Moshe Adler (CH, Jun'10, 47-5754), Naked Economics by Charles Wheelan (CH, Oct'10, 48-1001), and The Little Book of Economics by Greg Ip (CH, Apr'11, 48-4591). Recommended." -- M. H. Maier, Glendale Community College. (CHOICE August 2011)

Now in its second edition, Economics: The Basics provides an engaging and topical introduction to the key issues in contemporary economics. Fully updated to take into account the economic recession, changing patterns in world trade, housing and currency markets, this book covers fundamental issues, including:

• How different economic systems function
• The boom and bust cycle of market economies
• The impact of emerging markets
• How price, supply and demand interact
• The role of the banking and finance industry
• Whether we can emerge from recession and reduce poverty
• The impact of economics on the environment

With a glossary of terms, suggestions for further reading and new case studies covering subjects including the sub-prime mortgage crisis, changing commodity prices and speculative bubbles, this comprehensive and accessible guide is essential reading for anyone who wants to understand how economics works.