Understanding Economics
Published on 3. June 2025
Book
Hardback
128 pages
978-1-83605-347-7 (ISBN)
Description
Nobody has everything they need, all the time - so how can we make do with what we have? Economics is all about understanding the choices we make to solve this problem. With bright, infographics pictures, this informative book describes why markets are so important, how businesses work out what to sell, and how governments choose how to run a country. Includes Usborne Quicklinks to specially selected websites for more information.
Chapters in this book include:
- What is economics?
- What is an economy?
- What do economists study?
- How do you do economics?
Not enough to go around
The things we need to survive, how we choose them, and why there's never enough time: the big reasons why economies exist.
Markets
Buying and selling and how prices are set - as if by magic.
Making choices
How do people make choices and why are those choices often unexpected? How can businesses and governments change people's choices? Why would they want to?
Production, profit and competition
What big choices do businesses face? Why is competition so important? Why do some businesses produce pollution and what should we do about it?
Economic systems
Is there a set of rules that would make it possible to share everything fairly? Or is it better to have winners and losers? What systems have people tried?
Macroeconomics
What tools do governments use to measure the economy? What effects do their choices have on individual people and the economy as a whole?
International trade
Why everyone from around the world benefits from buying and selling each other's products - and why governments sometimes don't like it.
Big questions (and a few answers)
How the tools of economics help us make sense of everything, from war to famine to saving the planet.
What's next?
Chapters in this book include:
- What is economics?
- What is an economy?
- What do economists study?
- How do you do economics?
Not enough to go around
The things we need to survive, how we choose them, and why there's never enough time: the big reasons why economies exist.
Markets
Buying and selling and how prices are set - as if by magic.
Making choices
How do people make choices and why are those choices often unexpected? How can businesses and governments change people's choices? Why would they want to?
Production, profit and competition
What big choices do businesses face? Why is competition so important? Why do some businesses produce pollution and what should we do about it?
Economic systems
Is there a set of rules that would make it possible to share everything fairly? Or is it better to have winners and losers? What systems have people tried?
Macroeconomics
What tools do governments use to measure the economy? What effects do their choices have on individual people and the economy as a whole?
International trade
Why everyone from around the world benefits from buying and selling each other's products - and why governments sometimes don't like it.
Big questions (and a few answers)
How the tools of economics help us make sense of everything, from war to famine to saving the planet.
What's next?
More details
Series
Language
English
Place of publication
London
United Kingdom
Target group
Children/juvenile
Interest Age: From 10 to 18 years
Product notice
sewn/stitched
Cloth over boards
Dimensions
Height: 244 mm
Width: 175 mm
Thickness: 18 mm
Weight
522 gr
ISBN-13
978-1-83605-347-7 (9781836053477)
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
Persons
Lara Bryan (Author)
Lara has loved books since the days of being read bedtime stories by her Irish dad and French mum. At school she set up a secondhand bookshop called Books Change Lives, and went on to study English and Italian at Oxford University. After teaching in Italy and Myanmar, she got her dream job as a writer for Usborne Publishing. From explaining how economics works, to inventing boredom-busting activities, to telling a good dragon yarn, she's enjoyed every minute of the job.
Lara has loved books since the days of being read bedtime stories by her Irish dad and French mum. At school she set up a secondhand bookshop called Books Change Lives, and went on to study English and Italian at Oxford University. After teaching in Italy and Myanmar, she got her dream job as a writer for Usborne Publishing. From explaining how economics works, to inventing boredom-busting activities, to telling a good dragon yarn, she's enjoyed every minute of the job.