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A complete introduction to economics and the economy taught in undergraduate economics and masters courses in public policy. COREs approach to teaching economics is student-centred and motivated by real-world problems and real-world data.The only introductory economics text to equip students to address todays pressing problems by mastering the conceptual and quantitative tools of contemporary economics.THE ECONOMY:is a new approach that integrates recent developments in economics including contract theory, strategic interaction, behavioural economics, and financial instability;challenges students to address inequality, climate change, economic instability, wealth creation and innovation, and other problems;provides a unified treatment of micro- and macroeconomics;motivates all models and concepts by evidence and real-world applications.
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