Essentials of Economics (9^th Ed.)

Explore the essential principles of this exciting subject and engage with real-life issues facing our world today.

Essentials of Economics, 9th edition by John Sloman and Dean Garratt provides a clear, concise and engaging introduction to economics, making it the ideal textbook if you are studying on a one-semester or non-specialist course.

The new edition has been thoroughly updated to include analysis and insights into real global problems, such as the climate emergency, the Russian invasion of Ukraine, the Covid-19 pandemic, and the cost-of-living crisis. It also discusses how economic thinking and government policies might be applied to address them.

Key features include

• topical examples, news stories and case studies to explain and illustrate key economic concepts
• activities, questions, and useful summaries to help you check your understanding and progress
• Key ideas are highlighted, explained and linked throughout the text to help you see connections and start to think like an economist
• Up-to-date charts and tables throughout the book reflect the most recent economic data

Access the free student website that accompanies this book for additional learning support, including animated explainers of key economic models, 225 extra case studies and answers to in-text questions.

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If you would like to purchase both the physical text and MyLab Economics search for:

9781292440248 Essentials of Economics 9th Edition with MyLab Economics

Package consists of:

• 9781292440101 Essentials of Economics 9th Edition
• 9781292440057 Essentials of Economics 9th Edition MyLab Economics
• 9781292440064 Essentials of Economics 9th Edition Pearson eText

John Sloman was Director of the Economics Network from its foundation in 1999 until 2012, and is now Visiting Fellow at the University of Bristol where the Network is based. John is also Visiting Professor at the University of the West of England, Bristol.

Dean Garratt is a Senior Teaching Fellow at Aston Business School and Associate of the Economics Network. Dean was also an Academic Assessor for Government Economics Service and a tutor on HM Treasury's Graduate Development Programme.

Discover more on our Sloman Economics news site.

Hallmark features of this title

A wealth of applied material brings economics alive for students and shows how the subject relates to real-world issues

• 36 'key ideas', highlighted and explained when they first appear, provide a ‘toolkit' for your students, showing how these ideas can be used in a variety of contexts and helping them relate different parts of the subject together.
• 15 'Threshold Concepts' are highlighted in the text. Understanding and being able to use these concepts, such as opportunity cost, helps your students think like economists.
• Despite considerable updating, the book retains the same structure as the previous edition, making the transition to the 9th edition straightforward as it removes the need to update references to chapters and pages in the book.