Includes index.

Chapter 1. What is economics? -- Chapter 2. The economic problem -- Chapter 3. Demand and supply -- Chapter 4. Elasticity -- Chapter 5. Economics in the news and equity -- Chapter 6. Government actions in markets -- Chapter 7. Global markets in action -- Chapter 8. Utility and demand -- Chapter 9. Possibilities, preferences, and choices -- Chapter 10. Organizing production -- Chapter 11. Output and costs -- Chapter 12. Perfect competition -- Chapter 13. Monopoly -- Chapter 14. Monopolistic competition -- Chapter 15. Oligopoly -- Chapter 16. Public choices, public goods, and healthcare -- Chapter 17. Externalities -- Chapter 18. Markets for factors of production -- Chapter 19. Economic inequality -- Chapter 20. Uncertainty and information -- Chapter 21. Monitoring the value of production: gdp -- Chapter 22. Monitoring jobs and inflation -- Chapter 23. Economic growth -- Chapter 24. Finance, saving, and investment -- Chapter 25. Money, the price level, and inflation -- Chapter 26. The exchange rate and the balance of payments -- Chapter 27. Aggregate supply and aggregate demand -- Chapter 28. Expenditure multipliers -- Chapter 29. The business cycle, inflation, and deflation -- Chapter 30. Fiscal policy -- Chapter 31. Monetary policy.

Economics, 14th edition, by Michael Parkin is an intuitive guide to modern economics that teaches you how to think like an economist on global issues. Grounded in real-life examples, the text brings together the latest policy and thoughts on world events and encourages critical thinking to enable you to join the discussion. This new edition emphasises real-world applications with diagrams renowned for their pedagogy and clarity throughout. With a range of learning features across its chapters, this title will give you the necessary skills to gain a clearer and deeper understanding of today's events.