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Building upon the success of the first edition, Foundations of Economics is the ideal text for students taking their first course in economics. Assuming no prior knowledge, it introduces students to both microeconomic and macroeconomic principles. Its student-friendly approach is reflected by the topical real-world examples applying theory to practice and the step-by-step explanations of the key concepts. Online Resource Centre For lecturers: - Instructor's manual - PowerPoint slides - Test bank - VLE cartridge. For students: - Visual walk-throughs of key concepts - Self-test questions - Advanced material - An author blog - Web links - Flashcard glossaries