Since the last edition in 1987, this text has been updated to provide a clear and thorough introduction to economics in the 1990s. The text integrates modern economic theory, up-to-date evidence, and actual policy implications, using numerous case studies to illustrate the theory. Timely new features to this third edition include - environmental economics; 1992 and the single market; Eastern Europe; the economics of local government. Free to adopters of "Economics" 3rd ed is a twice yeearly update. Written by David Begg, the updates aim to keep users of "Economics" completely up-to-date with the very latest developments.