Economics: Making sense of the Modern Economy

This updated guide offers a clear and accessible overview of economics, covering fundamental concepts such as economic growth, macroeconomic policies, and microeconomics, while also exploring contemporary issues like global imbalances, financial markets, and the aftermath of the recent recession. It examines the role of central banks, emerging economies, and innovative approaches to addressing the challenges faced by the discipline. Designed for a broad audience, the book provides a comprehensive look at how economic theory applies to the real world.