The twelfth edition of this classic text has built upon the success of previous editions and has been thoroughly updated and revised to give students a deeper understanding and appreciation of the core principles of Economics. Suitable for beginners, Economics is accessible but has a rigour that will stretch readers to achieve their full potential. In-depth explanations of key theoretical concepts are balanced with a wide range of real-world examples to help students understand and apply their knowledge. Online Resource Centre For students: - Self-test questions - Economics in the news - Interactive chapters - Web links - Flashcard glossary - Authors' blog For lecturers: - Animated PowerPoint slides - Instructor's manual - Test bank - Figures from the text