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Economics For Dummies, 2nd, WHS Travel Edition


If you want to get to grips with the basics of economics and understand this often complex subject, 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 looking at complex topics such as capitalism and recession. This updated edition walks you through the history, principles and theories of economics and breaks down all the complicated terminology, leaving you clued up on economics in no time.


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

Chapter 1: What Is Economics?

Chapter 2: Tracking Consumer Choices.

Chapter 3: Producing the Right Stuff in the Right Way.

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

Chapter 4: Measuring the Macroeconomy.

Chapter 5: Inflation: 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 Behaviour.

Chapter 8: Supply and Demand.

Chapter 9: Getting to Know the Utility-Maximising Consumer.

Chapter 10: The Core of Capitalism: The Profit-Maximising Firm.

Chapter 11: Why Economists Love Free Markets and Competition.

Chapter 12: Monopolies: How Badly Would You Behave If You Had No Competition?

Part IV: The Part of Tens.

Chapter 13: Ten Seductive Economic Fallacies.

Chapter 14: Ten Economic Ideas to Hold Dear.