Introduction to Economics

Introduction to Economics 1e is an engaging and accessible introduction to the fascinating world of economics. Written in a clear and straightforward way, and supported by clear diagrams, it is packed with learning features to instil confidence in the subject.
Assuming no prior knowledge of economics, Introduction to Economics 1e offers a step-by-step approach to the fundamental principles and concepts of economics, supported by real-life African and South African examples and practical applications of theory. It is suitable for students who are studying the subject both at universities of technology and universities.
The textbook is essential for those looking to understand how governments, organisations, and individuals use economics to shape and influence decisions in the real world. In a post-Covid-19 world, economics will play an important role in reshaping societies.
Features
Step-by-step approach to the fundamental principles and concepts of economics.
Put into practice features test the student’s understanding and problem-solving skills by putting theory into practice.
Economics in context features explore how economic theory applies to real-world situations, and check the student’s understanding, using the questions provided.
Case studies which illustrate economic theory in context and are designed to assist students with applying what they have learnt to the real world.
Review questions to test and review the student’s understanding of key ideas, before they move to the next chapter.
Research tasks allow the student to develop the skills of an economist by encouraging the student to independently research economic questions.
Data analysis features that provide some real-world economic data and set questions based on that data.