OVERVIEW

Economics is seen as one of the most innovative and popular books in the subject area across the globe. This revised edition of the book offers comprehensive discussion on all major areas of both micro and macro aspects of economics, with inclusion of insightful new content around latest trends. From real-life examples to cutting-edge learning resources, Economics offers a student-centered learning environment that presents content in new, engaging ways. With its modern approach and inclusion of new data, examples, and cases from global as well as Indian context, the book makes learning and applying economics easier for instructors and students alike.

KEY FEATURES

• A simple and engaging read that offers comprehensive discussion on basic to advance topics in economics
• Includes new chapters on Market Failures Caused by Externalities and Asymmetric Information, Public Goods, Public Choice, and Government Failure, and The IS-LM Model
• Balances theory with practice through innovative in-chapter features, like Key Graphs and Quick Review
• Features new Consider This and Last Word elements that focus on real-life examples and cases in global as well as Indian context.