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Synopsis

Untangle the jargon and understand how you're involved ineveryday economics

If you want to get to grips with the basics of economics andunderstand a subject that affects British citizens on a dailybasis, then look no further than Economics For Dummies. Thiseasy to understand guide takes you through the world of economicsfrom understanding micro- and macroeconomics to demystifyingcomplex topics such as capitalism and recession.

This updated edition walks you through the history, principlesand theories of economics as well as breaking down all thecomplicated terminology, leaving you clued up on economics in notime.

  • Getting to grips – explore the science of economics andhow people deal with scarcity

  • Keeping an eye on it – learn all about macroeconomics andhow economists keep track of everything

  • Watch patterns emerge – understand why monitoring consumerbehaviour is vital and all you need to know aboutmicroeconomics

  • Your recession guide – expert advice on recessions and adetailed look at why they occur

Open the book and find:

  • Why you should care about economics and how it affects you

  • Tools to help you understand a recession

  • A guide to seductive economic fallacies

  • All you need to know on monetary and fiscal policies

  • How supply and demand can be made easy

  • Why it's vital to track consumer choices

  • An in-depth look at a profit-maximising firm and the core ofcapitalism

  • Guidance on property rights and wrongs

Learn to:

  • Look through economic history and spot the trends

  • Understand micro- and macroeconomics

  • Get to grips with consumer behaviour and its influence on theeconomy

  • Spot the signs of a recession and see how economic decisionsaffect you

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