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Economics For Dummies, by Sean Masaki Flynn
Download PDF Economics For Dummies, by Sean Masaki Flynn
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If you think economics is a complicated discipline that’s reserved for theorists and the intellectual elite and has nothing to do with you, think again. Economics impacts every aspect of our lives, from what we eat, to how we dress, to where we live. Economics might be complicated, but it has everything to do with you.
Economics For Dummies helps you see how your personal financial picture is influenced by the larger economic picture. When you understand how what happens on Wall Street affects Main Street and how policies emanating from the White House impact the finances in your house, you’ll be able to:
- Learn how government economic decisions affect you and your family
- Make better spending decisions and improve your personal finances
- Maximize your business profits
- Make wiser investments
Written by Sean M. Flynn, PhD, Assistant Professor of Economics at Vassar College, Economics For Dummies covers all the basics of micro- and macroeconomic theory. The next time you need to understand an economic theory or calculation, whether it’s on the nightly news or on a spreadsheet at work, you’ll no longer be in the dark. Economics For Dummies covers all the history, principles, major theories, and terminology, including:
- How economics affect governments, international relations, business, and even environmental issues like global warming and endangered species
- How the government fights recessions and unemployment using monetary and fiscal policy
- How and why international trade is good for you even if you don’t appreciate French champagne, Irish crystal, or Swiss watches
- How the law of supply and demand can explain the prices of everything from comic books to open heart surgeries
- How the Federal Reserve controls the money supply, interest rates, and inflation
- Basic theories such as Keynesian economics, the Laffer Curve, and Adam Smith’s Invisible Hand
Presenting complex theories in simple terms and helping you decode the jargon, understand the equations, and debunk the common misconceptions, Economics For Dummies could be a big boon to your personal economy!
- Sales Rank: #630003 in Books
- Brand: Brand: For Dummies
- Published on: 2005-04-08
- Original language: English
- Number of items: 1
- Dimensions: 9.22" h x .82" w x 7.40" l, 1.25 pounds
- Binding: Paperback
- 384 pages
- Used Book in Good Condition
Most helpful customer reviews
2 of 2 people found the following review helpful.
If You Really Don't Have a Clue in Economics, You Will Learn Something
By Earl A PHL
Although some of the economists who reviewed this book may have put some doubts into the minds of curious readers aching for an enlightening and reader friendly book on economics, I must share my insights on this book. Yes, it may fall short of anything that is taught in an economics class, but this is after all a book with a "For Dummies" in its title! Anyone who has typed a "...For Dummies" book has had the thirst to learn and the matching humility to gain some basic understanding of a concept. This book surely helped me. It is a condensed and pragmatic approach to a seemingly complex subject, i.e. economics. I learned more from this book than from my other economics classes in college!
3 of 3 people found the following review helpful.
Great intro, but the graphs were baffling
By Kaodake
This was a nice introduction to economics. Well written and immediately useful.
My only complaint was with the graphs, which were almost completely incomprehensible. This is mainly due to the 'Dummies' style of printing only in black and white. Other texts would usually use different colours to represent different lines. This may seem like nitpicking, but there is such heavy reliance on graphs in this text that if you can't understand the graph, then you are only getting half the explanation.
1 of 1 people found the following review helpful.
Easy, clear, not too detailed
By Michael Pomerantsev
Very well-written and clear introduction to economics for people who don't know anything in that subject. I would swap microeconomics and macroeconomics chapters; would also prefer significantly more real-world examples. Would be nice to have a couple chapters for people who know enough math and wish a bit deeper understanding.
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