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Markets, models, mechanisms and monopolies… most of us understand that economics is important, but what exactly is it – and what do economists do?

In this fresh and engaging introduction, Oxford University’s James Forder skilfully presents the key concepts crucial to mastering the subject. Combining theory with dynamic, real-life examples, he shows us why economics matters and how it shapes our world.

Economics: A Beginner’s Guide is the perfect introduction for anyone wishing to understand and interpret economic problems, both past and present.

James Forder is Fellow and Tutor in Economics, Balliol College, Oxford University. He lectures in Economics and Politics and has written for the Financial Times, Independent and Prospect magazine. He was formerly on the governing body of Oxford University.

"An excellent introduction to some of the main ideas in modern economics. It is clearly written, balanced and, above all, reliable, with nothing to unlearn should it inspire someone to study the subject further."

– Roger Backhouse - Professor of the History and Philosophy of Economics, University of Birmingham

“I hope that people read this book. It should change the way that people who are new to economics think about complex issues which affect the world we live in.”

– Timothy Besley, Professor of Economics and Political Science, London School of Economics

More books in this series: Beginner's Guides