ECONOMICS.

About the authors, p. IX -- Preface, p.X -- Acknowledgements, p. XII -- PART 1. -- Introduction to economics -- 1. What is economics?, p.1 -- 2. Thinking like an economist, p.15 -- PART 2. Supply and demand: How markets work, p.31 -- 3. The market forces of supply and demand, p.31 -- 4. Elasticity and its applications, p.56 -- 5. Background to demand: Consumer choices, p.79 -- 6. Background to supply: Firms in competitive markets, p.112 -- PART 3. Markets, eficiency and welfare, p.145 -- 7. Consumers, producers and the efficiency of markets, p.145 -- 8. Supply, demand and government policies, p.163 -- PART 4. The economics of the public sector, p.179 -- 9. PART 5. Ineficient market allocations, p.197 -- 10. Public goods, common resources and merit goods, p.197 -- 11. Market failure and externalities, p.211 -- 12. Information and behavioural economics, p.236 -- PART 6. Firm behaviour and market structures, p.251 -- 13. Firms' production decisions, p.251 -- 14. Market structures I: Monopoly, p.262 -- 15. Market structures II: Monopolistic competition, p.287 -- 16. Market structures III: Oligopoly, p.301 -- PART 7. Factor markets, p.325 -- 17. The economics of factor markets, p.325 -- PART 8. Inequality, p.357 -- 18. Income inequality and poverty, p.357 -- PART 9. Trade, p.379 -- 19. Interdependence and the gains from trade, p.379 -- MACROECONOMICS PROLOGUE, p.409 -- PART 10. The data of maeroeeonomics, p.415 -- 20. Measuring a nation's well-being, p.415 -- 21. Measuring the cost of living, p.435 -- PART 11. The real economy in the long run, p.451 -- 22. Production and growth, p.451 -- 23. Unemployment, p.476 -- PART 12. Interest rates, money and prices in the long run, p.499 -- 24. Saving, investment and the financial system, p.499 -- 25. The basic tools of finance, p.519 -- 26. Issues in financial markets, p.533 -- 27. The monetary system, p.553 -- 28. Money growth and inflation, p.571 -- PART 13. The macroeeonomics of open economies, p.591 -- 29. Open-economy macroeconomics: Basic concepts, p.591 -- 30. A macroeconomic theory of the open economy, p.605 -- PART 14. Short-run economic fluetuations, p.621 -- 31. Business cycles, p.621 -- 32. Keynesian economics and IS-LM analysis, p.640 -- 33. Aggregate demand and aggregate supply, p.664 -- 34. The influence of monetary and fiscal policy on aggregate demand, p.685 -- 35. The short-run trade-off between inflation and unemployment, p.702 -- 36. Supply-side policies, p.730 -- PART 15. International macroeconomies, p.745 -- 37. Common currency areas and European Monetary Union, p.745 -- 38. The Financial Crisis and sovereign debt, p.765.

Now firmly established as one of the leading economics principles texts in the UK and Europe, this exciting new fourth edition of Economics by N. Gregory Mankiw (Harvard University) and Mark P. Taylor (Washington University), has been fully updated. New topics have been added in including theories on, for example, Marxist and Feminist theories on labour giving wider context to economic issues. A new chapter on Issues in Financial markets has been added covering the financial crisis and its causes and the final chapter has been updated to reflect the post-crisis world and how theories of the crisis have emerged.