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Andrew Gillespie's Foundations of Economics is the perfect introduction to all of the key economic principles students need to know.

A combination of crystal clear explanation and unrivalled learning support makes this the most user-friendly textbook available, coaching students in their journey from having no background in economics to a rock solid foundation in the fundamental economic principles.

'Economics in context' boxes explore how economic theory applies to the real world and case studies on topical events reinforce the relevance of these key economic principles to everyday life.

Particular attention is given to meeting the needs of a diverse range of students. Numerical examples clearly demonstrate the application of economic theory and are worked through step-by-step to ensure that no student is left behind, while the 'learn more' feature extends students' knowledge once they have mastered the essentials.

Other features such as the 'debate' boxes and 'data analysis' panels have been carefully crafted to develop the critical thinking and data-handling skills employers are looking for.

The accompanying online resources include a wealth of free-to-access materials including:

Multiple choice questions
Advanced material
Author blog
Flashcard glossaries
Solutions to questions in the book
Visual walkthroughs of the trickier concepts in the book
Additional 'advise the government' questions to help draw together ideas on government policy and key economic issues
Additional chapter on Business Strategy for students wanting material on broader business issues, such as PESTEL and SWOT analysis
Web links

Adopting lecturers can also register to receive access to the following resources:
Dynamic PowerPoint slides
Instructor's manual
Test bank
Guide to the 'advise the government' questions An excellent introduction to economics for beginners preparing to study the subject for the first time. * Keith Laker, Regent's University London * This book is inspiring. The style is very attractive for beginners and the beautiful figures are easy to read and understand. * Ulla Lehmijoki, University of Helsinki * The writing style is very clear, simpler, and precise. It is the ideal, concise introduction to economics for beginners. * Yioryos Makedonis, Queen Mary University of London *

Foundations of Economics

Part 1: Microeconomics

1: What is economics?

2: The production possibility frontier (PPF)

3: Demand

4: Behavioural economics

5: The elasticity of demand

6: Supply

7: Market equilibrium

8: The free market system

9: Intervening in the market system

10: Costs: Short run and long run

11: Revenues, costs, and profits

12: Perfect competition

13: Monopoly

14: Oligopoly

15: Monopolistic competition and non-price competition

16: The labour market

Part 2: Macroeconomics

17: Introduction to macroeconomics

18: Equilibrium in the economy

19: National income and the standard of living

20: Demand side and supply side policies

21: Influences on aggregate demand: Consumption

22: Influences on aggregate demand: Investment

23: Influences on aggregate demand: Government revenues and taxation

24: Influences on aggregate demand: International trade, globalization, and exchange rates

25: Government objectives: Economic growth and the economic cycle

26: Unemployment

27: Money

28: Government objectives: Managing inflation

29: Government objectives: Achieving a favourable trade position

30: Government policies to achieve objectives