This clear, accessible, focused Edexcel-endorsed textbook has been updated to keep pace with the rapidly changing economic environment, providing insights into the impact of financial crisis and the major challenges facing the global economy.

- Show you are up to date with the latest economic developments: new and updated examples will help you analyse, evaluate and improve your exam answers

- Feel confident in your revision: you can practise answering skills-based and exam-style questions throughout the book. Answers to the exam-style questions are online at www.hodderplus.co.uk/philipallan

- Ensure you can explain key economics concepts and issues accurately and effectively: learn the key terms throughout the text and in the new end-of-unit glossaries