Applied Economics: An Introductory Course

To appreciate more fully the workings of the economic system, and to cope adequately with examination questions, students need a judicious blend of theory and up-to-date descriptive material. This new revised fifth edition aims to meet this need over a wide range of topic areas. It includes a completely new chapter on transport, and particular attention is paid to the increasing impact of the European Community on UK economics. It also takes account of the very latest sources of economic information and data. It has been updated to December 1992 and includes full coverage of the turmoil in the Exchange Rate Mechanism. It also covers business-related topics and has a new chapter on environmental economics. It is suitable for first and second year undergraduates and for courses covering economics, business studies, social sciences and for professional and B/TEC courses with an economics element.