Economics: 50 Essential Ideas

How do labour markets work? Is it better to aim for inflation or full employment? How can developing countries escape the poverty trap?

Economics explores how we produce, consume and distribute resources and the incentives, financial or otherwise, that motivate our behaviour. As our approach to money and markets has changed over the centuries, great thinkers have sort to explain their workings. In this beautifully illustrated book, the author introduces you to the fascinating world of econom...