This textbook is designed for students preparing for a professional examination and assumes little or no previous knowledge of the subject. The book aims to provide a complete study course in elementary economic theory avoiding both technical jargon and mathematics. The book covers such subjects as supply and demand, the market and the theory of the firm, money and banking, the role of government and international trade and finance. There are sample questions in each chapter, together with advice on preparing for professional examinations, and two complete specimen papers.