Economics

Dr Marco Faravelli, University of Queensland An excellent book, engaging and extremely well written


Dr Ian Jackson, Staffordshire Univeristy Business School This book contains many innovative elements, as well as creative teaching and learning features

David King is emeritus Professor of Public Economics at the University of Stirling. He studied economics at the University of Oxford and the University of York. His main research interest has always been the economics of central and local government finance: he has published widely in this field, and has been consulted by ministers and officials in 20 countries, including China, much of Eastern Europe, the former Soviet Union, and the United Kingdom, often acting as a consultant to the World Bank or the Organisation for Economic Cooperation and Development. He has always had a keen interest in teaching as well as research, and enjoys teaching in all areas of the subject.

PART ONE: INTRODUCTION TO ECONOMICS; 1. The Nature of Economics; 2. Scarcity, Governments and Economics; PART TWO: MICROECONOMICS; 3. Supply and Demand; 4. Elasticity of Demand and Supply; 5. Governments and Markets; 6. Household Behaviour; 7. Introducing the Theory of the Firm; 8. Production Functions and Methods; 9. Perfect Competition; 10. Monopoly and Monopolistic Competition; 11. Oligopoly; 12. Governments, Monopolies and Oligopolies; 13. Governments and Resource Allocation; 14. Markets for Labour; 15. Land and Capital; 16. Governments and the Redistribution of Income; PART THREE: MACROECONOMICS; 17. Introduction to Macroeconomics; 18. The National Accounts; 19. GDP and the Multiplier Model; 20. Money, Banks and Interest Rates; 21. GDP and Prices: the AS-AD model; 22. Unemployment; 23. Inflation and Unemployment; 24. Business Cycles; 25. Economic Growth; 26. Monetary, Fiscal and Supply-side Policies; 27. International Trade; 28. International Payments