Think like an economist!Economics touches almost every aspect of life, from climate change to terrorism, taxes to house prices, wages, to how much time to spend studying! Thinking like an economist will enable you to evaluate economic policies, understand human behaviour, and make more informed decisions.This comprehensive revision retains the hallmarks of previous editions, with a thorough and detailed presentation of the principles of economics and on the development of your critical thinking skills. With the addition of new features, such as At Issue and Economics in the News, this new edition uses real-world examples and applications to incorporate the latest developments in the Eurozone and UK policy. The leading economists in the news today started out like you, as students taking a course in the principles of economics. Like them, you can learn to think like an economist, and this book will show you how.Michael Parkin is Professor Emeritus of the University of Western Ontario. His books are used by over a million students across the world.Melanie Powell is Reader in Economics at Derby University Business School.Kent Matthews is the Sir Julian Hodge Professor of Banking and Finance at the Cardiff Business School.Join over 10 million students benefiting from Pearson MyLabsThis title can be supported by MyEconLab, an online homework and tutorial system designed to test and build your understanding. MyEconLab provides a personalised approach, with instant feedback and numerous additional resources to support your learning.For Students:- Generates a personalised study plan and provides extensive practice exactly where you need it- Gives you guidance with step-by-step explanations and animated graphs that are constantly at hand for you to strengthen your grasp of the subject and prepare for your exams- Shows you the real-world relevance of the subject with topical Economics in the News stories and videosUse the power of MyEconLab to accelerate your learning. You need both an access card and a course ID to access MyEconLab: 1.    Is your lecturer using MyEconLab? Ask your lecturer for your course ID2.    Has an access card been included with the book? Check the inside back cover of the book.3.    If you have a course ID but no access card, go to: www.myeconlab.com to buy access to this interactive study programme. (Pearson)