Contents: A. Introduction: Why economics is good for you -- Economics and economies -- B. Foundations of microeconomics: Supply and demand -- Markets in action -- C. Microeconomic theory: Background to demand -- Background to supply -- Profit maximising -- under perfect competition and monopoly -- Profit maximising under imperfect condition -- Alternative theories of the firm -- The Theory of distribution of income -- D. Microeconomic policy: Inequality, poverty and policies to redistribute income -- Markets, efficiency and the public interest -- Environmental policy -- Government policy towards business -- E. Foundations of macroeconomics: The National economy -- Macroeconomic issues and analysis: an overview -- Macroeconomic issues, debates and controversies -- F. Macroeconomic models, theories and policy: Short-run macroeconomic equilibrium -- Banking, money and interest rates -- The Relationship between the money and goods markets -- Aggregate supply, unemployment and inflation -- Fiscal and monetary policy -- Long-term economic growth -- Supply-side policies -- G. The world economy: International trade -- The balance of payments and exchange rates -- Global and regional interdependence -- Economics of developing countries --