This textbook offers a distinctive introduction to the study of the British political economy and public policy, using three models of coordination central to the analysis of the public and private sectors: markets, hierarchies and networks.

These models are used to explore key areas of the British political economy. Cases examined include core industries of strategic importance to the economy and the major elements of the public sector.

This original and wide-ranging text will be an invaluable supplement to a wide range of courses on contemporary Britain.

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Grahame Thompson is Professor of Political Economy at The Open University

CONTRIBUTORS ARE ALL AT THE OPEN UNIVERSITY EXCEPT:

Susan Baker Cardiff University

Chris Dent University of Lincoln and Humberside

John Grahl University of North London

Valerio Lintner London Guildhall University

Mike Moran University of Manchester

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