The authors provide a consistent theoretical framework and relate it to a wide range of applied material making clear the relevance of the subject to the real world of business and policy. New and updated global case studies give a broad, international perspective on economics and encourage readers to develop and contextualise their understanding of core themes. Up to date coverage of the financial crisis and subsequent changes to the global economic landscape allows students to apply the economics they are learning to important contemporary issues Problem solving and numerical questions encourage readers to develop analytical skills.