Includes index.

*Markets, Supply and Demand *Markets in Action *The Supply Decision *Market Structures *Wages and the Distribution of Income *Market Failures and Government Policy *Aggregate Demand and Supply and Macroeconomic Problems *The Determination of National Income and the Role of Fiscal Policy *Money and Monetary Policy *Unemployment and Inflation *International Trading Relationships *Balance of Payments and Exchange Rates.

This text is an abridged and revisedversion of Sloman'sbest-sellingintroductory text.With only 350pages, it is suitablefor lighter introductory courses, single semester courses or any short undergraduate level courses.*Real-life applications, learning features such as summaries and revision questions show the student how economic theory applies to real life*There are 37 boxes which increase the relevance of economic theory to the beginning student