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Economics 2e Authors: E Blecher, S Muradzikwa, L Smith, K Thomas and P de Villiers


It is diffi cult to make sense of what is happening in the world today without an understanding of economic principles. Economics 2e is a comprehensive fi rst-year textbook developed by South African authors to introduce students to both macroeconomics and microeconomics. It explores the foundational concepts in accessible language and makes economics interesting and relevant by linking these concepts to everyday life. The authors have chosen to place vital economic debates squarely within the socio-political environment, and to discuss the impact of the previous political dispensation on South Africa’s current economic development.


The book features: • a language level that is designed for students who are being exposed to economic concepts for the fi rst time, ensuring that these concepts are explained in an accessible way


• many practical examples based on real-life South African situations and events which will help students to understand diffi cult concepts


PAPERBACK DEC 2009 OUP SA


476 PAGES 9780195982176


• interesting history and debate boxes which promote the understanding of key economic theories in context • clear learning outcomes that reinforce each chapter’s key elements • multiple-choice questions and longer-answer questions at the end of each chapter to help students assess what they have learnt.


Table of Contents Part 1 Introduction • Chapter 1: Making sense of economic activity • Chapter 2: Economic systems • Chapter 3: An overview of the South African macroeconomy • Chapter 4: Opportunity cost and the production-possibility curve • Part 2 Microeconomics • Chapter 5: Demand and Supply: Price and quantity determination • Chapter 6: Elasticities • Chapter 7: Government intervention: Price determination and elasticities in real-world markets • Chapter 8: Demand theory • Chapter 9: Supply theory • Chapter 10: Market structure • Chapter 11: Factor markets • Chapter 12: Trade • Part 3 Macroeconomics • Chapter 13: Introduction to macroeconomics • Chapter 14: Measuring macroeconomic performance • Chapter 15: A simple Keynesian model


• Chapter 16: The open economy with government •


Chapter 17: Extensions and application of macroeconomic theory • Chapter 18: Money and banking • Chapter 19: Fiscal and monetary policy • Chapter 20: Exchange rates and the balance of payments


Lecturer resources • PowerPoint® slides learningzone.oxford.co.za


NEW • Teaching plan • Question bank with solutions


Introduction to Economics


Editors: A Gillespie, J Rossouw and I van Aardt, Authors: P Naidoo, J Sekhampu and C van Aardt


Introduction to Economics has been written specifi cally for students with limited prior knowledge of economics, and is especially well suited to non-specialist students. Written in a highly engaging style, and supported by clear diagrams, it is packed with learning features to instil absolute confi dence in the subject.


The book follows a step-by-step approach to provide students with the necessary concepts and tools for understanding how governments, businesses and individuals use economics to shape and infl uence decisions in the real world. Introduction to Economics provides numerous local examples to illustrate theoretical concepts.


PAPERBACK SEP 2020 OUP SA


576 PAGES 9780190448233 9780190443429


The writing style is accessible and engaging and will appeal to students who are taking economics as a minor subject or as a service course. It will be most suitable for students who are studying economics at universities of technology and comprehensive universities.


Table of contents:


Part A: Microeconomics • Chapter 1: What is economics? • Chapter 2: The production possibility frontier • Chapter 3: Demand • Chapter 4: The elasticity of demand • Chapter 5: Supply • Chapter 6: Cost structures, revenue and profi t • Chapter 7: Allocative mechanisms • Chapter 8: Market structures • Chapter 9: Intervening in the market system • Chapter 10: The labour market • Part B: Macroeconomics • Chapter 11: Introduction to macroeconomics • Chapter 12: Equilibrium in the economy • Chapter 13: Economic growth and the business cycle • Chapter 14: Unemployment • Chapter 15: National income and standard of living • Chapter 16: Aggregate demand, aggregate supply, and the price level • Chapter 17: Consumption • Chapter 18: Investment • Chapter 19: Fiscal policy • Chapter 20: Money • Chapter 21: Infl ation and monetary policy • Chapter 22: Exchange rates • Chapter 23: International trade and balance of payments • Chapter 24: Economics as a changing discipline


Lecturer resources • PowerPoint® slides • Teaching plan • Solutions manual • Question bank learningzone.oxford.co.za


54 BUSINESS CATALOGUE


Student resources • Interactive self-assessment questions • Web links • Translated glossary– Afrikaans, isiXhosa and Sepedi


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