NUI Galway lecturers, Dr Gerard Turley and Maureen Maloney of the J.E. Cairnes School of Business and Economics, have just completed the fourth edition of the successful textbook Principles of Economics: An Irish Text, with co-author Dr Francis O'Toole of Trinity College Dublin.

Principles of Economics: An Irish Text introduces the theory and practice of economics within an Irish and European context. There is reference to both recent and current economic conditions, including reflections on the post Celtic Tiger years, the economic downturn caused by the international recession, the banking crisis and the property crash, and the latest on the eurozone and sovereign debt crisis.

Marion O'Brien, Educational Publisher at Gill & Macmillan, said: “Principles of Economics: An Irish Text is an extremely accessible and popular text with both students and lecturers alike. As a bestselling text, it continues to provide the reader with a solid theoretical grounding in both Microeconomics and Macroeconomics, and is extensively prescribed in all Institutes of Technologies, in many Universities and Private Colleges throughout Ireland.”

New topics in the fourth edition of Principles of Economics: An Irish Text include: new material reflecting the changed economic conditions of the Irish economy resulting from the banking and fiscal crises that began in 2007; revised chapter on economic growth and the Irish economy, which includes the banking crisis and the property crash; reflections on the Celtic Tiger era, including causes and consequences; new section on the eurozone and sovereign debt crisis; and new case studies and questions, with answers now available online.

Published by Gill & Macmillan, it is accompanied by a free interactive CD, and additional lecturer resources, details of which can be found at http://www.gillmacmillan.ie/economics/economics/principles-of-economics-4th-edition

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