Introduction to Economics : An Integrated Approach to Fundamental Principles

The second edition of John Craven's "Introduction to Economics" retains the key feature of the first edition - its integrated approach.

Macroeconomic themes such as inflation, unemployment and the balance of payments are built up from their microeconomic foundations reflecting an increasing demand amongst teachers for a move away from the traditional rigid division between macro- and microeconomics.

For the second edition all data and empirical material has been thoroughly updated and the section on the open economy has been expanded and integrated into the discussion of policy.