About this ebook
Economics for Beginners is a quick and simple explanation of basic economic ideas and principles. A common misconception about economics is that the study is all about money. Money is only one aspect of the economy. Economics is the study of the choices people, companies, or governments make when allocating their resources to create products and services. Those choices made are based on the scarcity of the resources, needs of the people, and the economic style of the community creating traditional, command, market, or mixed economies.
Additionally, this text offers a common language, an easily understandable discussion of the law of supply and demand, and the intersection of both known as “equilibrium.” Finally, this ebook explains the cause and effect relationship between the economy and taxes, interest rates, and other governmental influences that lead to inflation and deflation, or the growth and contraction of the economy.
Ratings and reviews
4.8
23 reviews
celtic power
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September 2, 2023
Good book enjoyed it 2 share it with my Students thx, the third generation internet is going 2 leave many behind
Sir Jorden
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August 15, 2023
it was a OK book. I will give it a pass a barely passes as good informative book for Beginners.
Lorenzo Green
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September 6, 2023
It was a smooth easy to read and understand .
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