Overview

Discover the exciting world of economics and learn to think like an economist, using key concepts and data to analyse solutions to real-world challenges – from international issues to a range of everyday problems that affect us all. Economics, 12th edition, by expert authors Sloman, Garratt and Guest is an essential resource for all students of economics, providing a thorough grounding in theory and practice and insight into the constantly-changing, often complex issues economists face. Comprehensive yet accessible, this best-selling student text has been extensively revised to reflect developments shaping the global economy in the 2020s, including rising geopolitical tensions and financial instability, the impacts of the second Trump administration, a slowing move to net zero, the long-term legacy of post-Covid debt, the rise in social media misinformation, and more – developments that present both economic problems and opportunities. Economics, 12th edition will help you: Apply economics to real-world issues – 170 case studies and applications show how concepts translate into policy and practice around the world. Develop critical thinking – questions throughout each chapter encourage you to reflect and engage at a deeper level, building confidence to understand and evaluate different economic policies. Enhance employability skills – learn to analyse problems, devise your own solutions, and think flexibly and critically, applying core ideas to new situations. Keep up-to-date – follow the regularly updated news blog that accompanies this textbook for articles, videos, podcasts, and more. Pair this text with MyLab Economics MyLab is the teaching and learning platform available to support this title. By combining trusted author content with digital tools and a flexible learning experience, MyLab Economics personalises learning and assessment to help improve results. MyLab Economics is not included with this title. If you would like to purchase both the physical textbook and MyLab (which also comes with the eBook), search for: 9781292481791 Economics + MyLab Economics (Package) which consists of: Print textbook eTextbook MyLab Economics Students, MyLab should only be purchased when required by an instructor. If MyLab is a recommended component of the course, please check with your instructor for the correct ISBN. Instructors, contact your Pearson representative for more information.

Full Product Details

Author:   John Sloman ,  Jon Guest ,  Dean Garratt
Publisher:   Pearson Education Limited
Imprint:   Pearson Education Limited
Edition:   12th edition
ISBN:  

9781292749709

ISBN 10:   1292749709
Publication Date:   28 April 2026
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Forthcoming
Availability:   Not yet available  
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Table of Contents

Part A INTRODUCTION 1 Economics and Economies Part B FOUNDATIONS OF MICROECONOMICS 2 Supply and Demand 3 Government and the Market Part C MICROECONOMIC THEORY 4 Background to Demand: the Rational Consumer 5 Consumer Behaviour in an Uncertain World 6 Background to Supply 7 Profit Maximising under Perfect Competition and Monopoly 8 Profit Maximising under Imperfect Competition 9 The Behaviour of Firms 10 The Theory of Distribution of Income Part D MICROECONOMIC POLICY 11 Inequality, Poverty and Policies to Redistribute Income 12 Markets, Efficiency and the Public Interest 13 Environmental Policy 14 Government Policy towards Business Part E FOUNDATIONS OF MACROECONOMICS 15 An Introduction to Macroeconomic Issues and Ideas 16 The Development of Macroeconomic Thinking: a Historical Perspective Part F MACROECONOMIC MODELS, THEORIES AND POLICY 17 Short-run Macroeconomic Equilibrium 18 Banking, Money and Interest Rates 19 The Relationship between the Money and Goods Markets 20 Aggregate Supply, Inflation and Unemployment 21 The Relationship between Inflation, Unemployment and Output 22 Fiscal and Monetary Policy 23 Long-term Economic Growth and Supply-side Policies Part G THE WORLD ECONOMY 24 International Trade 25 The Balance of Payments and Exchange Rates 26 Economies in an Interdependent World

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Author Information

John Sloman was Director of the Economics Network from its foundation in 1999 until 2012 and is now Visiting Fellow at the University of Bristol, where the network is based. He is also Visiting Professor at the University of the West of England, Bristol. Dean Garratt is a Senior Teaching Fellow at Aston University, having previously been a Principal Lecturer at Nottingham Business School. Jon Guest is a Senior Teaching Fellow at Aston University and a Teaching Associate at Warwick Business School. Discover more on our Sloman Economics news site.

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