Understanding Economics: A Beginner's Guide to Everyday Decisions

By Roger Bell

This beginner's guide to economics explores how economic principles influence everyday decisions. It introduces microeconomics (individual choices and market interactions) and macroeconomics (the economy as a whole), and delves into behavioral economics, which highlights the psychological factors affecting financial decisions.

The guide emphasizes the importance of economic understanding for navigating personal finances, comprehending government policies, and fostering a financially literate society. Key concepts like supply and demand, inflation, and sustainable economics are discussed, along with the transformative impact of technology on economic growth.

It outlines strategies for personal finance management, including budgeting, saving, and debt management, and underscores the crucial role of government in economic education through initiatives like financial literacy programs. The guide also covers global trade and development, explaining trade systems, policies, and the challenges faced by emerging markets.

Finally, it examines major economic theories throughout history and their relevance today, emphasizing the continuous need for economic awareness and lifelong learning to make informed choices in an ever-evolving world.

• Format: Paperback
• Language: English
• ISBN: B0FKT5MH1B
• ISBN13: 9798294997953
• Release Date: July 2025
• Publisher: Independently Published
• Length: 136 Pages
• Weight: 0.42 lbs.
• Dimensions: 0.3" x 6.0" x 9.0"