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Everyday Economics
A User's Guide to the Modern Economy

Steve Coulter

£65.00 | $90.00
ISBN 9781911116356
£19.99 | $30.00
ISBN 9781911116363
£19.99 | $30.00
ISBN 9781911116370
240 pages | 234 x 156mm | October 2017


"Everyday Economics succeeds in introducing readers to economics through a number of important, topical and accessible case studies. Its strength is not only the amount of relevant concepts it includes, but the way in which they are handled, which is completely different to textbooks, being far more discursive and accessible. It was a real pleasure to read. It is certainly relevant to, and suitable for, students of A level and Pre-U economics, with some chapters directly addressing specific elements of these syllabuses, and with others being highly valuable background reading. I will certainly be recommending the book to my students." – Graham Mallard, Head of Economics, Cheltenham College

"All too often, the economics that people hear discussed consists of jargon and acronyms that seem remote from the practicalities of life. Steve Coulter provides a straightforward yet sophisticated guide to the elements of economics that most matter to everyone: housing, the job market, personal finances, shopping. Everyday Economics captures the complexity of the modern global economy while making it intelligible." – Diane Coyle, Professor of Economics, University of Manchester


Most economics is a top-down analysis that simplifies and reduces the huge varieties between individuals to a predictable range of characteristics that lend themselves to systematic analysis. This book eschews this conventional perspective, which sees national economies as simply agglomerations of the activities of millions of people, and instead explores the role played by the individual in the economy, in particular, how the individual experiences the economy. In so doing, the book is able to illuminate the economic landscape for the non-technical reader in a much more engaging and accessible way.

Some of the questions explored are: Why should I go to university? What determines the kinds of jobs available to me, and at what salary? And why are some jobs better than others? Who should pay for my healthcare? Do banks encourage me to live beyond my means? What determines the supply of housing and whether I can buy a house, or rent? Do my shopping habits drive the economy? How does the provision of welfare change my behaviour?

By placing the individual front and centre in its analysis, the book is able to demonstrate how the things we experience, need and consume fit into the fast-changing and interdependent global economic setting and how the role of government, markets and welfare shapes our lives.


1. Economics; what is it good for?
2. Knowledge is power: education and training
3. Let's get busy: work and occupations
4. Get well soon: health and healthcare
5. Making the world go around: money and personal finance
6. Home sweet home: the housing market
7. Shop 'til you drop: shopping and consumption
8. From cradle to grave: benefits and welfare

Author Information

Steve Coulter is LSE Fellow in the Political Economy of Europe at the London School of Economics. He was previously a Senior Economics Analyst for BBC News. He is the author of New Labour Policy, Industrial Relations and the Trade Unions (2014).

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