A comprehensive yet succinct overview of the theory and practice of economics. New to this edition: The Irish banking crisis and how it was caused The collapse of the ‘Celtic Tiger’ economy The deterioration in the Irish Government’s finances The economics of recession The IMF/EU bailout The sovereign debt crisis in the eurozone The new constraints on Irish Government fiscal policy New macroeconomic data reflecting the changed economic conditions of the Irish economy Medium-term prospects for the Irish economy.   Provides instant access to key economic facts and concepts. Simply and logically presented with test questions included at the end of each chapter. Written For: Those studying economics as part of an undergraduate diploma or degree. Students of professional exams. Postgraduate diploma students. A comprehensive yet succinct overview of the theory and practice of economics. New to this edition: Revised chapters incorporate new material regarding: The Irish banking crisis and how it was caused The collapse of the ‘Celtic Tiger’ economy The deterioration in the Irish Government’s finances The economics of recession The IMF/EU bailout The sovereign debt crisis in the eurozone The new constraints on Irish Government fiscal policy New macroeconomic data reflecting the changed economic conditions of the Irish economy Medium-term prospects for the Irish economy. Provides instant access to key economic facts and concepts. Simply and logically presented with test questions included at the end of each chapter.