Everyday Economics Made Easy

This easy-to-understand and fully illustrated handbook teaches essential economic concepts so you can confidently apply economic reasoning in daily situations and discussions. Economics may seem inaccessible and complicated, but in reality, we live in an economy all the time and use economic principles every day. Economic insight and knowledge can easily and quickly solve a curiosity or problem, avoid a minor catastrophe, or even help provide support for your own economic hunch or theory. With Everyday Economics Made Easy, economics comes down from the ivory tower and into the real world. You’ll review the most important basic economic concepts, history, debates, areas, and ways of thinking about economic issues—all while helping you apply these ideas in your everyday life. This book will introduce you to: The tools and theoretical approaches economists use The rich history of economic thought and its continued relevance today The contributions of notable economists The areas of microeconomic and macroeconomic analysis Complete with colorful graphics, intriguing sidebars, and easy-to-follow examples, Everyday Economics Made Easy is a calm and patient tutor to help you appreciate the how and why of economic thinking and analysis, its importance, and its application to common economic dilemmas. Build your skills as an economist with confidence in no time at all! Get a quick review of everything you forgot you knew with the Everyday Learning series from Wellfleet Press. Need a refresher course in topics like grammar and philosophy? Then let these handy reference books be your sidekicks on your journey to higher learning. You’ll learn about timeless global topics, as well as the thought leaders responsible for some of the greatest contributions in the worlds of science, art, and more. Packed with useful information, these portable books are perfect for commuters who want to jump-start their day with useful and fun facts. With the Everyday Learning series, you’ll be an expert in any field in no time. Other titles in this series include: Everyday Economics Made Easy, Everyday Grammar Made Easy, Everyday Mathematics Made Easy, Everyday Philosophy Made Easy, and Everyday Spanish Made Easy.

Why another economics book? There must be thousands of books on economics. So what excuse is there for adding yet another book to this huge pile? Most of the other economics books are lengthy, or loaded with mathematics or technical jargon, or just plain dull to read. This book is very short, not at all mathematical or technical, and lively to read. It still includes all the important basic ideas and concepts of economics, but explained in words that are easy to understand. One might call it an executive summary of mainline economics. That seems to be a pretty good excuse for yet another book on economics.

Highly Commended in the BMA Medical Book Awards 2013! Here's what the judges said: "This is one of the few textbooks I would suggest every clinician reads." From reviews: "This is a clearly written and accessible introduction to health economics...This book should prove useful to all those responsible for planning and delivering health service. It is a quick read but also a useful reference for the desk...I would commend this book as a means by which people ...can better understand both the impact of their own practice on our health economy and also appreciate the methods that are being adopted to determine clinical practice at a regional and super-regional level." Ulster Medical Journal, 2014 Healthcare Economics Made Easy is a clear and concise text written for those working in healthcare who need to understand the basics of the subject but who do not want to wade through a specialist health economics text. Often GPs, consultants and other health professionals are asked for their opinion on health economic data and this clearly isn't their area of expertise. Healthcare Economics Made Easy will equip the reader with the necessary skills to make valid decisions based on the economic data and with the background knowledge to understand the health economics literature. This book provides insight into the economic methods that are used to promote public health policies, the techniques used for grading and valuing evidence and the statistics relied upon, without trying to re-train the reader as a health economist. If you are left bemused by terms such as QALY, health utility analysis and cost minimisation analysis, then this is the book for you!

How do the banks work? Why do prices rise or fall? Is competition wasteful? Questions such as these arise whenever people seek to understand and discuss the economy. This book explains these and other questions through narrative and lucid explanation rooted in everyday experience and commonsense intuitions.

This book explores the role played by the individual in the economy, in particular, how the individual experiences the economy. It shows the role of government, markets, and welfare in shaping our lives, providing an overview of the workings of the economy that takes as its starting point the interface between the individual and the system.

Air bags cause accidents, because well-protected drivers take more risks. This well-documented truth comes as a surprise to most people, but not to economists, who have learned to take seriously the proposition that people respond to incentives. In The Armchair Economist, Steven E. Landsburg shows how the laws of economics reveal themselves in everyday experience and illuminate the entire range of human behavior. Why does popcorn cost so much at the cinema? The 'obvious' answer is that the owner has a monopoly, but if that were the whole story, there would also be a monopoly price to use the toilet. When a sudden frost destroys much of the Florida orange crop and prices skyrocket, journalists point to the 'obvious' exercise of monopoly power. Economists see just the opposite: If growers had monopoly power, they'd have raised prices before the frost. Why don't concert promoters raise ticket prices even when they are sure they will sell out months in advance? Why are some goods sold at auction and others at pre-announced prices? Why do boxes at the football sell out before the standard seats do? Why are bank buildings fancier than supermarkets? Why do corporations confer huge pensions on failed executives? Why don't firms require workers to buy their jobs? Landsburg explains why the obvious answers are wrong, reveals better answers, and illuminates the fundamental laws of human behavior along the way. This is a book of surprises: a guided tour of the familiar, filtered through a decidedly unfamiliar lens. This is economics for the sheer intellectual joy of it.

Untangle the jargon and understand how you're involved in everyday economics If you want to get to grips with the basics of economics and understand a subject that affects British citizens 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 scarcity Keeping an eye on it – learn all about macroeconomics and how economists keep track of everything Watch patterns emerge – understand why monitoring consumer behaviour is vital and all you need to know about microeconomics Your recession guide – expert advice on recessions and a detailed look at why they occur Open the book and find: Why you should care about economics and how it affects you Tools to help you understand a recession A guide to seductive economic fallacies All you need to know on monetary and fiscal policies How supply and demand can be made easy Why it's vital to track consumer choices An in-depth look at a profit-maximising firm and the core of capitalism Guidance on property rights and wrongs Learn to: Look through economic history and spot the trends Understand micro- and macroeconomics Get to grips with consumer behaviour and its influence on the economy Spot the signs of a recession and see how economic decisions affect you