Mastering Economics is written for those who are embarking on a study of economics. While its main aim is to cover basic examinations in schools and colleges, it will also meet the requirements of most professional syllabuses and will provide preliminary reading for university students.
For the general reader seeking guidance in understanding economic problems and policies, the book sets out the essential background and introduces in simple form the techniques used by economists.
Particular attention has been paid to current views regarding the defects of the 'laissez-faire' system in solving the economic problem, the role the government can play in a 'mixed' economy, and the increase in the importance of the public sector over the past thirty-five years - subjects which are inclined to be glossed over in elementary texts.
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