Untangle the jargon and understand how you're involved in everyday economics If you want to get
to grips with the basics of economics and understand a subject that affects British citizens on
a daily basis then look no further than Economics For Dummies. This easy to understand guide
takes you through the world of economics from understanding micro- and macroeconomics to
demystifying complex topics such as capitalism and recession. This updated edition walks you
through the history principles and theories of economics as well as breaking down all the
complicated terminology leaving you clued up on economics in no time. * Getting to grips -
explore the science of economics and how people deal with scarcity * Keeping an eye on it -
learn all about macroeconomics and how economists keep track of everything * Watch patterns
emerge - understand why monitoring consumer behaviour is vital and all you need to know about
microeconomics * Your recession guide - expert advice on recessions and a detailed 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 of capitalism * 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 the economy * Spot the signs of a recession and see how economic
decisions affect you
