Author(s): James Stewart & Beverley Moodie

NZ Non Fiction

120 Economic Environment Text Economics is an exciting field of inquiry, full of relevance and application to our everyday lives. There is an economic dimension to practically every decision we make in life. Understanding how the New Zealand economy functions helps us to understand a range of issues that are important to all New Zealanders. It also gives insight into how other economies function, and the relationships between New Zealand and other countries in the global economy. In this text the authors provide a clear explanation of economic concepts and illustrate them with contemporary applied examples, media reports and information drawn from the New Zealand and international environments. Market Economic Concepts and Applications has been written to provide students with all the information they need for introductory tertiary courses in economics and provides full coverage of NZDipBus 120, The Economic Environment. New To This Edition This third edition has been restructured (divided into three sections: microeconomics, macroeconomics and international trade) and streamlined to make it more accessible to both readers and instructors. Information specific to the historical development of the New Zealand economy has been consolidated into one chapter. Statistics, data and media articles have been updated to reflect the current economic situation in New Zealand