Understanding the Economic EnvironmentUnderstanding the Economic Environment

A step-by-step introduction to the key elements of economic theory and a general introduction to mainstream economics in contemporary New Zealand. This 4th edition of Understanding the Economic Environment clearly explains and illustrates the essential tools of economic analysis and applies them to a range of current issues in New Zealand. Students are encouraged to understand and apply the economic principles they are learning and to critically evaluate these principles as they relate to decision-making for business and government economic policy.