• Contains a wealth of Asian examples, case studies and news articles to make the material more relevant to Asian students. Issues covered include:
- income inequality in Asia
- China’s attempt to control the price of grain
- externality effect of noise pollution in Bangkok
- elasticity of taxi demand in Singapore
- repeal of the Rent Control Act in Malaysia and its impact
- financial crisis in Asia in 1997–98
- currency boards in Hong Kong and Singapore
- Philippine government debt
- deflation in Japan
- unemployment rate in Singapore
• The classic “Ten Principles of Economics,” introduced in Chapter One and incorporated throughout the text, help students to reinforce their understanding of key economic principles.
• A clear, conversational writing style to present economic concepts in a way that is very accessible for students.
• A quick quiz after each major section allows students to check their comprehension before they move on to the next section.
• Each chapter ends with a variety of problems and applications to provide students with an opportunity to apply the material that they have learned.
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