Publisher's Synopsis
This text presents students with a blend of theory and application, relating economic theory to the economics of the real world. It has an understanding of the major issues facing the British economy and emphasizes the growing importance of the EU in all aspects of economic life.;New to this edition is a greater use of graphs to illustrate theory; the protectionism chapter has been re-written to focus on regional trade blocs - EU, NAFTA and ASEAN; the IT chapter has been re-written to cover a broader range of supply side policies - education, training, social policy and IT; and the chapter on EU has been revised to focus more on the Single Market, EMU and competition policy.
