A companion to the fourth edition of "Economics" by Begg, Fischer and Dornbusch. Each chapter reviews and summarizes the corresponding chapter in the primary text book and provides checklists, exercises and questions about key concepts to help students concentrate on difficult areas.

An introduction to economics and the economy; the tools of economics, analysis; demand, supply and the market; government in the mixed economy; the effect of price and income on demand quantities; the theory of consumer choice; business organization and behaviour; developing the theory of supply - costs and production; perfect competition and pure monopoly - the limiting cases of market structure; market structure and imperfect competition; the analysis of factor markets - labour; human capital, discrimination, and trade unions; capital and land - completing the analysis of factor markets; coping with risk in economics; taxes and public spending - the government and resource allocation; competition policy and industrial policy; nationalization and privatization; general equilibrium and welfare economics; introduction to macroeconomics and national income accounting; the determination of national income; aggregate demand, fiscal policy, and foreign trade; money and modern banking; central banking and the monetary system; monetary and fiscal policy in a closed economy; aggregate supply, the price level, and the speed of adjustment; unemployment; inflation; open economy macroeconomics; long-term growth and short-term fluctuations; macroeconomics - where do we stand?; international trade and commercial policy; the international monetary system and international finance; European integration in the 1990s; problems of developing countries in the world economy.