Untangle the jargon and understand how you're involved in everyday economicsIf you want to get to grips with the basics of economics and understand a subject that affects us all 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 scarcityKeeping an eye on it learn all about macroeconomics and how economists keep track of everythingWatch patterns emerge understand why monitoring consumer behaviour is vital and all you need to know about microeconomicsYour recession guide expert advice on recessions and a detailed look at why they occurOpen the book and find:Why you should care about economics and how it affects youTools to help you understand a recessionA guide to seductive economic fallaciesAll you need to know on monetary and fiscal policiesHow supply and demand can be made easyWhy it's vital to track consumer choicesAn in-depth look at a profit-maximising firm and the core of capitalismGuidance on property rights and wrongsLearn to:Look through economic history and spot the trendsUnderstand micro- and macroeconomicsGet to grips with consumer behaviour and its influence on the economySpot the signs of a recession and see how economic decisions affect you

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