Publisher's Synopsis
The seventh edition of "Lipsey" combines the features that have made it a student favourite for three decades with innovations in content and layout, taking it to the leading edge in economics teaching. The book continues to provide full explanations of all major points of theory and to introduce the student to important criticisms of standard economic theory. At the same time, its structure, chapter sequence and content have been radically altered, with the micro and macroeconomics of every chapter updated to include the most recent developments.;Innovations in presentation include full, self-sufficient captions below each diagram; a point-by-point summary at the end of each chapter; a list of topics for review at the end of each chapter; a two-column layout with boxes, which provide topical illustrations, points of historical interest or optional formal proofs; a glossary defining all the technical terms; two-colour printing to highlight headings, key statements, diagrams and boxes; and over two hundred diagrams, redrawn for maximum clarity.
