This well established text book now published by Blackwell is entering its fourth edition to secure its prime position for the 1990s.The book covers the institutional aspects of the economy that are important for an understanding of economic theory. The discussion is generously illustrated with over a hundred diagrams, charts, graphs and maps, as well as tables of statistics, all of which are based on the most recently available data. Each chapter ends with a selection of questions and exercises designed to encourage students to collect, present and interpret simple statistical and other data from easily accessible sources.New features of this edition are the integration, in many chapters, of new information on the UK's economic interaction with Europe, and the boxed extracts, taken from the British media, which provide clear real-world evidence of the theory being put into practice.An Introduction to the UK Economy complements any economic theory textbook and is suitable for those studying economics for the first time, whether it be for GCSE and A Level examinations, or professional examinations in, for example, accounting, banking, business and management.
The book is also recommended as valuable introductory reading for students taking first-year economics courses at FE colleges and universities.
Colin Harbury is Emeritus Professor of Economics, City University, London. Richard G. Lipsey is Professor of Economics, Simon Fraser University, Canada.
1. The Economy in Outline. 2. Organisation of Business Activity. 3. Structure of British Industry. 4. Distribution. 5. International Trade and Development. 6. Government and Resource Allocation. 7. National Income and the Balance of Payments. 8. Money and Banking. 9. Growth and Stabilisation Policy.