Invitation to Economics: Understanding Argument and Policy

Invitation to Economics empowers the reader to spot naive and spurious economic arguments by inculcating an intuitive ‘feel’ for economics. * A unique and critical guide to understanding economic arguments in the media * Focuses on microeconomics, specifically on the idea that economic policies often have important indirect effects * Key ideas are applied repeatedly in numerous case studies drawn from newspapers and other media * Economic principles are presented in an accessible and non-rigorous format using case studies * Incorporates the value judgments and political judgments that underlie economic policies