• 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.