David Begg è Professor of Economics presso l'Imperial College Business School of London.
Gianluigi Vernasca a Senior Lecturer of Economics at University of Essex.

Stanley Fischer è stato Chief Economist della Banca Mondiale e Governatore della Banca d'Israele.

RUDI DORNBUSCH (1942-2002) was Ford Professor of Economics and International Management at MIT. He did his undergraduate work in Switzerland and held a PhD from the University of Chicago. He taught at Chicago, at Rochester, and from 1975 to 2002 at MIT. His research was primarily in international economics, with a major macroeconomic component. His special research interests included the behavior of exchange rates, high inflation and hyperinflation, and the problems and opportunities that high capital mobility pose for developing economies. He lectured extensively in Europe and in Latin America, where he took an active interest in problems of stabilization policy, and held visiting appointments in Brazil and Argentina. His writing includes Open Economy Macroeconomics and, with Stanley Fischer and Richard Schmalensee, Economics.

Part 1: Introduction
1. Economics and the Economy
2. Tools of Economics Analysis
3. Demand, Supply and the Market
Part 2: Positive Microeconomics
4. Elasticities of Demand and Supply
5. Consumer Choice and Demand
6. Introducing Supply Decisions
7. Costs and Supply
8. Perfect Competition and Pure Monopoly
9. Market Structure and Imperfect Competition
10. The Labour Market
11. Factor Markets and Income Distribution
12. Risk and Information
Part 3: Welfare Economics
13. Welfare Economics
14. Government Spending and Revenue
Part 4: Macroeconomics
15. Introduction to Macroeconomics
16. Output and Aggregate Demand
17. Fiscal Policy and Foreign Policy
18. Money and Banking
19. Interest Rates and Monetary Transmission
20. Monetary and Fiscal Policy
21. Aggregate Supply, Prices and Adjustment to Shocks
22. Inflation, Expectations and Credibility
23. Unemployment
24. Exchange Rates and the Balance of Payments
25. Open Economy Macroeconomics
26. Exchange Rate Regimes
27. Business Cycles
28. Supply-side Economics and Economic Growth
Part 5: The World Economy
29. International Trade

Economics affects almost everything we do: from our decisions at work to our shopping habits, voting preferences and social attitudes.

This new edition of the popular text by David Begg and Gianluigi Vernasca enables the reader to understand today's economic environment by examining the underlying theory and applying it to real-world situations. Economics surveys the latest ideas and issues, such as the role of regulation in banking, the consequences of globalization and monetary union, and the efficacy of our current economic models. This coverage, combined with a rich array of pedagogical features, encourages students to explore our economic past and present, and to think critically about where this might lead us in the future.

The new edition is updated to provide a comprehensive analysis of the financial crash: its causes, consequences, and possible policy responses, from fiscal stimulus to quantitative easing.