Understanding the Economy is a non-technical introduction to macroeconomics - the study of the economy as a whole, looking at issues such as inflation, unemployment and exchange rate policy. It relates economic theory to the real world and includes case studies from a range of industries. There is comprehensive coverage of main topics in macroeconomics and revision exercises with answers are provided. This new edition includes new chapters on international monetary policy and green economics. It has been completely reset in a larger format for ease of reference. It is aimed at students at first year degree level studying macroeconomics at part of a wider course in business, combined social science or any other degree which requires a basic understanding of economics. It is also suitable for students studying for a professional qualification in finance, accountancy, marketing etc.