We
have thoroughly updated the text as part of the
new edition. As always, you can rest assured that
the key data is fully revised and that the economic
theory in the text reflects the latest research
and wider global developments.
We
have included a new chapter on the economics of
e-commerce. This chapter shows that the rules of
economics still apply in the 'new' world of e-commerce
and e-business. In fact, they are often a successful
test of the economic theories that are discussed
in the text. For students, this material is developed
further through the student CD and the student
area on this Web Site. A special browser-based
extension links the chapter to the online world
and helps lift the material from the page onto the
screen.
