Name: Economics and Business Environment
Price: 134.99 USD
Availability: InStock
ISBN: 9781041042778

*Economics and Business Environment*, 5th Edition, examines economic factors that affect European businesses and governments. Written by Wim Hulleman and Ad Marijs, the textbook explores how commercial environments shape corporate turnover, profits, and the economic risks encountered by companies.

Coverage bridges firm-level market dynamics and wider macroeconomic forces. Key themes include market competition, production factors, the circular flow of income, and fluctuations across the business cycle, alongside monetary systems and foreign exchange operations.

Published in the Routledge-Noordhoff International Editions series, the volume is aimed at students preparing for managerial careers in business or public service.

Table of Contents

Chapter 1: Economics and the business environment
- • 1.1 Economic activity and economics
- • 1.2 Business environment
- • 1.3 Absolute and relative data
Chapter 2: Markets
- • 2.1 Market, product and the business sector
- • 2.2 Demand
- • 2.3 Supply
- • 2.4 Market price
Chapter 3: Competition
- • 3.1 Intensity of competition and competitiveness
- • 3.2 The structure of the market
- • 3.3 Business conduct and business results (performance)
- • 3.4 The product’s life cycle and industry structure
- • 3.5 Porter’s diamond
Chapter 4: Producing
- • 4.1 Prosperity
- • 4.2 Added value
- • 4.3 Production factors
- • 4.4 The structure of the European economy
Chapter 5: Expenditure
- • 5.1 Consumption
- • 5.2 Investments
- • 5.3 Government expenditure
- • 5.4 Foreign expenditure
- • 5.5 The circular flow of income
Chapter 6: The business cycle and policy
- • 6.1 The business cycle
- • 6.2 Inflation
- • 6.3 The government
- • 6.4 Macroeconomic basis statistics
- • 6.5 Industry and the business cycle
Chapter 7: Money
- • 7.1 The functions of money
- • 7.2 Money supply
- • 7.3 Demand for money
- • 7.4 Monetary policy
Chapter 8: Money and capital markets
- • 8.1 Functions and classification of the money and capital markets
- • 8.2 The money market
- • 8.3 The capital market
- • 8.4 The interest rate structure
- • 8.5 Interest rate risk
Chapter 9: International economic relations
- • 9.1 International economic trends
- • 9.2 The theory of comparative costs
- • 9.3 Free trade and protectionism
- • 9.4 The balance of payments
- • 9.5 International cooperation
Chapter 10: The foreign exchange market
- • 10.1 Characteristics of the foreign exchange market
- • 10.2 Spot exchange rate
- • 10.3 Exchange rate systems
- • 10.4 Exchange rate policy in the European Union
- • 10.5 Forward exchange rate
- • 10.6 Exchange rate risk
Chapter 11: Country selection and country risk
- • 11.1 Country selection
- • 11.2 Country risk

Customer Reviews