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Essentials of economics, 5th ed.


Essentials of economics, 5th ed.

Sloman, John and Dean Garratt.

Financial Times Prentice Hall


502+ pages




Sloman (economics, Higher Education Academy, U. of Bristol, UK) and Garratt (economics, Nottingham Trent U., UK) present a textbook for students in one-semester courses that introduces them to economics. Along with the new co-author, this edition has revised chapters on the components of aggregate demand and macroeconomics; a new chapter on aggregate supply and economic growth; discussion of the banking crisis and issues of liquidity and securitization and government policy dealing with the crisis and recession; more theoretical coverage, including an expanded section on game theory; and new and revised case study boxes. There is no bibliography.

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Publication:Reference & Research Book News
Article Type:Book review
Date:Nov 1, 2010
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