
Economics
Terry Hillman(Author)
Alpha (Publisher)
Published on 1. July 2014
Book
Paperback/Softback
352 pages
978-1-61564-502-2 (ISBN)
Description
Economics plays a part in so many news topics-- both domestically and worldwide-- and the need to know the basics is becoming more and more important. Ideal for both the high school and college student, as well as armchair readers, Idiot's Guides: Economics offers an easy-to-understand exploration of this always-complex topic. Covering both microeconomics and macroeconomics, the book incorporates infographics and illustrations where appropriate to make concepts clear and easy to understand. Economics topics include:
- Benefits of Trade
- Supply and Demand
- Elasticity
- Government Intervention in Markets
- Market Efficiency
- Taxes and the Market
- International Trade
- Externalities
- Public Goods and Common Resources
- The Basics of the Tax System
- The Costs of Production
- Perfect Competition
- Monopoly
- Tracking the Economy
- Unemployment and Inflation
- Long-Run Economic Growth
- Savings, Investment Spending, and the Financial System
- Short-Run Economic Fluctuations
- Income and Expenditure
- Aggregate Demand and Aggregate Supply
- Stabilization Policy
- Fiscal Policy
- Money, Banking, and the Federal Reserve System
- Monetary Policy
- Inflation, Disinflation, and Deflation
In addition, such issues as global climate change. the environment, natural disaster recovery, and the social safety net are covered from an economic policy perspective.
- Benefits of Trade
- Supply and Demand
- Elasticity
- Government Intervention in Markets
- Market Efficiency
- Taxes and the Market
- International Trade
- Externalities
- Public Goods and Common Resources
- The Basics of the Tax System
- The Costs of Production
- Perfect Competition
- Monopoly
- Tracking the Economy
- Unemployment and Inflation
- Long-Run Economic Growth
- Savings, Investment Spending, and the Financial System
- Short-Run Economic Fluctuations
- Income and Expenditure
- Aggregate Demand and Aggregate Supply
- Stabilization Policy
- Fiscal Policy
- Money, Banking, and the Federal Reserve System
- Monetary Policy
- Inflation, Disinflation, and Deflation
In addition, such issues as global climate change. the environment, natural disaster recovery, and the social safety net are covered from an economic policy perspective.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
Dorling Kindersley Ltd
Target group
Professional and scholarly
College/higher education
Dimensions
Height: 237 mm
Width: 195 mm
Thickness: 20 mm
Weight
564 gr
ISBN-13
978-1-61564-502-2 (9781615645022)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Person
Terry Hillman earned a post-graduate diploma in economic principles from the University of London in 2007. She is an author and has been researching economic markets since 2004.