This important text covers the illustrated 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.

Author Biography

Colin Harbury is Emeritus Professor of Economics, City University, London. Richard G. Lipsey is Professor of Economics, Simon Fraser University, Canada.