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If you think economics is a complicated discipline that’s reserved for theorists and the intellectual elite and has nothing to do with you, think again. Economics impacts every aspect of our lives, from what we eat, to how we dress, to where we live. Economics might be complicated, but it has everything to do with you.
Economics For Dummies helps you see how your personal financial picture is influenced by the larger economic picture. When you understand how what happens on Wall Street affects Main Street and how policies emanating from the White House impact the finances in your house, you’ll be able to:
Written by Sean M. Flynn, PhD, Assistant Professor of Economics at Vassar College, Economics For Dummies covers all the basics of micro- and macroeconomic theory. The next time you need to understand an economic theory or calculation, whether it’s on the nightly news or on a spreadsheet at work, you’ll no longer be in the dark. Economics For Dummies covers all the history, principles, major theories, and terminology, including:
Presenting complex theories in simple terms and helping you decode the jargon, understand the equations, and debunk the common misconceptions, Economics For Dummies could be a big boon to your personal economy!
Introduction.
Part I: Economics — The Science of How People Deal with Scarcity.
Chapter 1: What Does Economics Study? And Why Should You Care?
Chapter 2: Cookies or Ice Cream? Tracking Consumer Choices.
Chapter 3: Producing the Right Stuff the Right Way to Maximize Human Happiness.
Part II: Macroeconomics — The Science of Economic Growth and Stability.
Chapter 4: Measuring the Macroeconomy: How Economists Keep Track of Everything.
Chapter 5: Inflation Frustration: Why More Money Isn’t Always a Good Thing.
Chapter 6: Understanding Why Recessions Happen.
Chapter 7: Fighting Recessions with Monetary and Fiscal Policy.
Part III: Microeconomics — The Science of Consumer and Firm Behavior.
Chapter 8: Supply and Demand Made Easy.
Chapter 9: Getting to Know Homo Economicus, the Utility-Maximizing Consumer.
Chapter 10: The Core of Capitalism: The Profit-Maximizing Firm.
Chapter 11: Why Economists Love Free Markets and Competition.
Chapter 12: Monopolies: How Badly Would You Behave If You Had No Competition?
Chapter 13: Oligopoly and Monopolistic Competition: Middle Grounds.
Chapter 14: Property Rights and Wrongs.
Chapter 15: Market Failure: Asymmetric Information and Public Goods.
Part IV: The Part of Tens.
Chapter 16: Ten (Or So) Famous Economists.
Chapter 17: Ten Seductive Economic Fallacies.
Chapter 18: Ten Economic Ideas to Hold Dear.
Appendix.
Index.
Anonymous
Posted November 1, 2006
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.
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Posted February 20, 2010
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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.
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Posted December 19, 2009
I brought this for a micro and macro class, and it worked great!
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Covers the basics in typical Dummies books. Easy to read and informative.
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Posted July 8, 2005
This book is for you! Get a Brain, and a clue! Great intro to thinking outside the lines.
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Overview
If you think economics is a complicated discipline that’s reserved for theorists and the intellectual elite and has nothing to do with you, think again. Economics impacts every aspect of our lives, from what we eat, to how we dress, to where we live. Economics might be complicated, but it has everything to do with you.
Economics For Dummies helps you see how your personal financial picture is influenced by the larger economic picture. When you understand how what happens on Wall...