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Paperback Crash Course Economics Book

ISBN: B0C3GC7274

ISBN13: 9798223458265

Crash Course Economics

This book is a comprehensive guide to understanding economics. It covers various aspects of the subject, ranging from the basic economic problem to the global economy, and provides a thorough understanding of each concept.
The first section of the book focuses on the basic economic problem and its nature. It explains the concept of finite resources and unlimited wants, the factors of production, and the concept of opportunity cost. The production possibility curve (PPC) diagrams are also discussed in detail.

The second section of the book focuses on the allocation of resources. It explains microeconomics and macroeconomics, the role of markets in allocating resources, demand and supply, and price determination. Different types of market structures are also discussed, including competitive markets and monopoly markets.

The third section of the book focuses on microeconomic decision makers. It explains the concepts of money and banking, households, workers, and trade unions. Firms and production, firms' costs, revenue, and objectives, and different types of firms are also covered.

The fourth section of the book focuses on government and the macroeconomy. It explains the role of government in the economy and the macroeconomic aims of the government. Fiscal policy, monetary policy, and supply-side policy are discussed in detail, along with their effects on the government's macroeconomic aims. Economic growth, employment, inflation, and deflation are also explained.

The fifth section of the book focuses on economic development. Living standards, poverty, population, and differences in economic development between countries are discussed in detail.

The final section of the book focuses on international trade and globalization. It explains international specialization, globalization, free trade, and protection, foreign exchange rates, and the current account of balance of payments.

Overall, this book provides a comprehensive understanding of economics and is suitable for students, professionals, and enthusiasts who want to understand economics with practical examples and explanations.

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Format: Paperback

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