Based on Joseph Stiglitz"s ground-breaking "Economics" - which set new standards in the teaching of the subject to undergraduates - adapted by John Driffill of Birkbeck College, this textbook will be suitable for introductory courses in Britain, the Republic of Ireland and South Africa as well as many European countries. Retaining Stiglitz"s neat integration of microeconomics and macroeconomics, Driffill emphasizes policy themes so that students get a sound grasp of real world issues. Major modifications have been made so that recent developments in monetary policy, such as the emergence of the Euro or the appointment of the Monetary Policy Committee of the Bank of England are fully covered. Growth, unemployment and European policy issues are all comprehensively presented.