Economics For Dummies: Edition 2

John Wiley & Sons
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Grasp the history, principles, theories, and terminology of economics with this updated bestseller

Since the initial publication of Economics For Dummies in 2005, the U.S. has endured a number of drastic changes and events that sent its economy into a tailspin. This newly revised edition presents updated material about the recent financial crisis and the steps taken to repair it.

Packed with refreshed information and relevant new examples from today's economy, it gives you a straightforward, easy-to-grasp understanding of how the economy functions-and how it influences personal finances.

  • New information on deciphering consumer behavior
  • Refresh coverage of fiscal and monetary policies
  • A new chapter on health care policy and the financial crisis

Presenting complex theories in simple terms and helping you decode the jargon, understand the equations, and debunk the common misconceptions, Economics For Dummies tackles the topic in terms you can understand.

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About the author

Sean Flynn, PhD, is an assistant professor of economics at Scripps College in Claremont, California. He is an active resource on the topic of economics in both the academic community and the media. He has been a guest expert on NPR and has been interviewed for articles on Forbes.com.
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Additional Information

Publisher
John Wiley & Sons
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Published on
Mar 10, 2011
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Pages
408
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ISBN
9781118038406
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Features
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Language
English
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Genres
Business & Economics / Economics / General
Political Science / Political Economy
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Content Protection
This content is DRM protected.
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Read Aloud
Available on Android devices
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Reading information

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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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