Oxford University Press has partnered with the international collaborative project of Core Economics website researchers and teachers to bring students a book and learning system that complements and enhances Core Economics website's open-access online e-book. Contributed by scholars and researchers from around the world,The
Economy is the only introductory economics text to equip students with the tools to address today's pressing problems by mastering the conceptual and quantitative tools of contemporary economics.
1. The Capitalist revolution
2. Technological change, population and growth
3. Scarcity, work and choice
4. Social interactions
5. Property and power: Mutual gains and conflict
6. The firm: Owners, managers and employees
7. The firm and its customers
8. Supply and
demand: Price-taking and competitive markets
9. The Labour market: Wages, profits, and unemployment
10. Banks, money and the credit market
11. Price-setting, rent-seeking, and market dynamics
12. Markets, efficiency and public policy
13. Economic fluctuations and
unemployment
14. Unemployment and fiscal policy
15. Inflation, unemployment and monetary policy
16. Technological progress, employment and living standards in the long run
Capstones
17. The Great Depression, golden age and global financial crisis
18. The nation and the
world economy
19. Economic inequality
20. Economics of the environment
21. Innovation, information and the networked economy
22. Economics, politics, and public policy
Instructor Resources
- Lecture slides plus animated slides of all figures and charts
- 250 data sets in Excel for student exercises
- Teaching guide for each unit
- Suggested course structures for standalone micro and macro courses, and a course for non-majors
- Online
Leibniz calculus supplements provide a calculus-based course option
Student Resources
- Multiple choice questions with answer key
- Key terms
- Online Leibniz calculus supplements provide a calculus-based course option
Dashboard
- An online learning and assessment platform that complements the text, making it the complete solution for teaching and learning the principles of economics
Samuel Bowles heads the Behavioral Sciences Program at the Santa Fe Institute. He has taught economics at Harvard, at the University of Massachusetts and University of Siena. His books include Microeconomics: Behavior, Institutions and Evolution (2005) The New Economics of Inequality and
Redistribution (2012). He has also served as an economic advisor to Nelson Mandela and presidential candidate Robert F. Kennedy.
Wendy Carlin directs the Core Economics website project. She is Professor of Economics at University College London and a Research Fellow of the CEPR. She is on the Expert
Advisory Panel, Office for Budget Responsibility in the UK. With David Soskice she has co-authored three books: Macroeconomics and the Wage Bargain (1990), Macroeconomics: Imperfections, Institutions and Policies (2006) and Macroeconomics: Institutions, Instability and the Financial System (2015).
For more than a decade she was co-managing editor of Economics of Transition. In 2016 Wendy was awarded the CBE for services to economics and public finance.
Margaret Stevens is Professor of Economics and Head of Department of Economics at the University of Oxford, where she has taught
undergraduates studying PPE (Philosophy, Politics and Economics) since 1993. Her research interests are in labour economics and public economics, especially public policy issues relating to health, education and vocational training.
Making Sense - Margot Northey and Joan McKibbin
