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Guided tour Student resources flow chart Lecturer resources flow chart Preface Publishers acknowledgements Part A: Introduction 1 Economic issues Part B Microeconomics 2. Markets, demand and supply 3 Markets in action 4 The supply decision 5 Market structures 6 Wages and the distribution of income 7 Market failures and government policy Part C Macroeconomics 8 Aggregate demand and the national economy 9 Aggregate supply and growth 10 Banking, money and interest rates 11 Inflation and unemployment 12 Macroeconomic policy Part D International economics 13 Globalisation and international trade 14 Balance of payments and exchange rates Web appendix Key ideas and glossary Index