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Economics for Business Paperback – 4 March 2019

by John Sloman (Author), Dean Garratt (Author), Jon Guest (Author),
4.7 out of 5 stars 49 ratings
Edition: 8th
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Good economic decision making is fundamental to the success of business

Economic decisions lie at the heart of business. Economics is all about the choices between alternatives and how to weigh up their costs and benefits. Studying this book will help you understand such choices and how to make them successfully when you take up a job or perhaps run your own business.

Businesses need to make choices of what and how much to produce, what techniques to use, who to employ, what investment to make, where to locate, what markets to develop and how best to compete with rivals. Economics helps them make the right decisions.

But making the right decisions depends on the economic environment in which businesses operate. For example, government policy affects business: whether through taxation, subsidies, training and education, regulation or trade policies.

The economic environment is also affected by trade relations and the actions of international bodies such as the World Trade Organization (WTO) and the International Monetary Fund (IMF). Issues such as Brexit, trade deals and migration crucially affect businesses. The book shows you how.

You will be studying all these issues and more in this book. It will give you the skills to advise businesses and other organisations on how best to achieve their objectives. The advice of economists is crucial to good decision making.

But to give good advice requires understanding issues and assessing evidence. Studying economics helps to give you this understanding and makes you a better problem solver.

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  1. ISBN-10
    1292239271
  2. ISBN-13
    978-1292239279
  3. Edition
    8th
  4. Publisher
    Pearson
  5. Publication date
    4 March 2019
  6. Language
    English
  7. Dimensions
    19.5 x 4.6 x 26.5 cm
  8. Print length
    768 pages
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Product description

From the Back Cover

Grasp the connection between business and economics with this market-leading textbook

This new edition has been updated with the most recent coverage of such topics as Brexit, decision theory, labour and financial markets, behavioural economics, risk, debt, protectionism and austerity, all illustrated with UK and international examples.

With its focus on critical thinking development and employability, Economics for Business, 8th edition combines a clear, engaging writing style with a wealth of pedagogical features to support learning - such as case studies, case study boxes and pause for thought questions.

Always up-to-date! The Sloman Economics News Site

Make use of the leading student-friendly blog that’s updated several times a month with news and topical stories, all linked to your textbook chapters, so you can understand current affairs more deeply.

New! Access additional resources on the open Companion Website

The website is full of supporting material such as business interviews, audio animations, case studies, glossary, flashcards and answers to selected questions from the book.

About the Author

John Sloman was Director of the Economics Network from its foundation in 1999 until 2012. He is now Visiting Fellow at the University of Bristol where the Network is based, as well as Visiting Professor at the University of the West of England, Bristol.

Dean Garratt is a Senior Teaching Fellow at Aston Business School and an Associate of the Economics Network. Dean was also an academic assessor for the Government Economic Service and a tutor on HM Treasury's Graduate Development Programme.

Jon Guest is a National Teaching Fellow of the Higher Education Academy and a Senior Teaching Fellow at Aston Business School. Jon is also a Senior Associate of the Economics Network, a Teaching Associate at Warwick Business School and an Academic Assessor for the Government Economic Service.

Elizabeth Jones is a Professor of Economics and Director of Undergraduate Studies in the Department of Economics at the University of Warwick. Elizabeth is also a lecturer on HM Treasury's Graduate Development Programme and teaches Economics for non-economists courses across various government departments.

Product details

  • Publisher ‏ : ‎ Pearson; 8th edition (4 March 2019)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 768 pages
  • ISBN-10 ‏ : ‎ 1292239271
  • ISBN-13 ‏ : ‎ 978-1292239279
  • Dimensions ‏ : ‎ 19.5 x 4.6 x 26.5 cm
  • Customer Reviews:
    4.7 out of 5 stars 49 ratings

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  • Nathaniel Mosaso
    5.0 out of 5 stars Book arrived in great condition.
    Reviewed in the United States on 8 February 2024
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    The book arrived as expected. No issues.
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  • Salwa
    5.0 out of 5 stars Economics book delivery
    Reviewed in the United Kingdom on 3 November 2021
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    Very good quality. Just like on the website. Delivery was 1 day late but not a major problem. Thank you Amazon.
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  • David
    5.0 out of 5 stars Good sleeping aid
    Reviewed in Canada on 30 December 2022
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    Read a few pages and you'll be deep asleep too.
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  • Canada
    5.0 out of 5 stars Good book to read
    Reviewed in Canada on 12 September 2022
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    It is a book, what do you want me to write?? Summary? Damn stut!d amazon.
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  • Sean Gotora
    3.0 out of 5 stars top half of pages stained in 1st half of book
    Reviewed in the United States on 9 October 2020
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    decent book, but pages are stained and off white top half of book for some reason.
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