• An accessible and easy-to-read guide to a sometimes complex subject, ideal for beginners and non-specialists alike.
• Includes a thought-provoking new introduction to the chapters and issues explored.
• Fully revised and updated to take into account recent considerations such as the impact of the COVID-19 pandemic and the War in Ukraine, deglobalization and changing patterns in international trade, the rise of China, rising inflation and the digital economy.
• A discussion of recurring financial crises highlights the relevance of economic theory in the modern world.
• Contains thought-provoking global case studies to allow students to link economic theory to real-world events.