News from Cass Business School

Cass professor publishes latest edition of classic economics text

Updated book includes full coverage of banking crisis and recession

Professor Emeritus of Money and Banking, Alec Chrystal, has published the latest edition of his classic text, Economics.

The best-selling book, which he co-authored with Richard Lipsey, Professor Emeritus at Simon Fraser University in Canada, has been comprehensively updated and revised.

The twelfth edition includes full coverage of the banking crisis and recession as well as new sections on banking, the financial system and fiscal policy.

Widely considered to be an essential text for economic students, the book provides a comprehensive introduction to the principles of both macroeconomics and microeconomics.

With a broad range of new and updated case studies and examples from around the world, Economics puts key theory in context and illustrates how it is applied in real life.

The book, published by Oxford University Press, is available online

Cases in the book are updated via Alex Chrystal's blog

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