Economics For Dummies

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Overview

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 ...

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Economics For Dummies

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Overview

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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Product Details

  • ISBN-13: 9780470879481
  • Publisher: Wiley
  • Publication date: 4/12/2011
  • Series: For Dummies Series
  • Edition number: 2
  • Pages: 408
  • Sales rank: 149,218
  • Product dimensions: 7.30 (w) x 9.10 (h) x 1.20 (d)

Meet 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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Table of Contents

Introduction.

Part I: Economics: The Science of How People Deal with Scarcity.

Chapter 1: Discovering What Economics Is and Why You Should Care.

Chapter 2: Cookies or Ice Cream? Exploring Consumer Choices.

Chapter 3: Producing the Right Stuff the Right Way to Maximize Human Happiness.

Part II: Microeconomics: The Theories of Consumer and Firm Behavior.

Chapter 4: Supply and Demand Made Easy.

Chapter 5: Getting to Know Homo Economicus, the Utility-Maximizing Consumer.

Chapter 6: The Core of Capitalism: The Profi t-Maximizing Firm.

Chapter 7: Why Economists Love Free Markets and Competition.

Chapter 8: Monopolies: How Badly Would You Behave If You Had No Competition?

Chapter 9: Oligopoly and Monopolistic Competition: Middle Grounds.

Part III: Applying the Theories of Microeconomics.

Chapter 10: Property Rights and Wrongs.

Chapter 11: Market Failure: Asymmetric Information and Public Goods.

Chapter 12: Taking the Pulse of Health Economics and Finance.

Part IV: Macroeconomics: The Science of Economic Growth and Stability.

Chapter 13: Measuring the Macroeconomy: How Economists Keep Track of Everything.

Chapter 14: Infl ation Frustration: Why More Money Isn't Always a Good Thing.

Chapter 15: Understanding Why Recessions Happen.

Chapter 16: Fighting Recessions with Monetary and Fiscal Policy.

Chapter 17: Grasping the Origins and Aftermath of Financial Crises.

Part V: The Part of Tens.

Chapter 18: Ten Seductive Economic Fallacies.

Chapter 19: Ten Economic Ideas to Hold Dear.

Chapter 20: Ten Great Ways to Become Informed about Economic Issues.

Appendix: Glossary.

Index.

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Customer Reviews

Average Rating 3.5
( 14 )
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Sort by: Showing all of 14 Customer Reviews
  • Anonymous

    Posted November 1, 2006

    Ecomics takes my business to the next level

    I have found the missing piece to the puzzle of growing my business--an understanding of economics. This book gave me a different view of my customers and how to get or keep them. I don't have a college degree and everything I heard from my friends with college degrees was negative when it came to understanding economics. This book is simple, positive, and extremely helpful in tweeking the way you think and explaining people as customers.

    2 out of 2 people found this review helpful.

    Was this review helpful? Yes  No   Report this review
  • Posted December 19, 2009

    Econ

    I brought this for a micro and macro class, and it worked great!

    1 out of 1 people found this review helpful.

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  • Posted February 20, 2010

    I Also Recommend:

    Now everybody can understand how economics work.

    I'm a person with no degress and the latest economics problems in the world specially the USA got me baffled how the considered number one country in the world got into this economic mess of course we already know some of the perpetrators high respectables degree greedy people; That's why today I got this interesting book to have some understanding in some kind of way this economic machine works.

    0 out of 3 people found this review helpful.

    Was this review helpful? Yes  No   Report this review
  • Posted May 13, 2009

    more from this reviewer

    Good entry level book

    Covers the basics in typical Dummies books. Easy to read and informative.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted July 8, 2005

    If you cant think for yourself

    This book is for you! Get a Brain, and a clue! Great intro to thinking outside the lines.

    0 out of 2 people found this review helpful.

    Was this review helpful? Yes  No   Report this review
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    Posted November 24, 2011

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    Posted July 20, 2010

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    Posted April 23, 2011

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    Posted August 5, 2011

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    Posted July 28, 2011

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    Posted June 25, 2011

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    Posted August 30, 2011

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