Publisher's Synopsis
Demystify the science of how people make choices
Learn how economics affects you and almost everything else!
In a world of limited resources, how do people maximize their happiness? That′s what economics is all about, and Economics For Dummies tackles the topic in terms you can understand. This handy guide explains both macro– and microeconomics so you can comprehend the economic forces that shape our world.
Discover how to
- Decipher consumer behavior
- Use the model of supply and demand
- Recognize what causes recessions
- Identify factors that lead to inflation
- Understand fiscal and monetary policies
- Appreciate the importance of international trade