Economics Made Simple

Economics Made Simple
Author: Madsen Pirie
Publisher: Harriman House Limited
Total Pages: 0
Release: 2012
Genre: Business & Economics
ISBN: 085719142X

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.

Economics Explained

Economics Explained
Author: Robert L. Heilbroner
Publisher: Touchstone
Total Pages: 300
Release: 1994
Genre: Business & Economics
ISBN:

Two of America's most respected economists clarify the basics of economics for everyone who wants to understand the nature of the economic forces that seem to rule our lives. "Clarity triumphant, whether the topic is inflation or government, markets or Marx".--Newsday.

The Little Book of Economics

The Little Book of Economics
Author: Greg Ip
Publisher: John Wiley & Sons
Total Pages: 297
Release: 2013-01-14
Genre: Business & Economics
ISBN: 1118391578

An accessible, thoroughly engaging look at how the economy really works and its role in your everyday life Not surprisingly, regular people suddenly are paying a lot closer attention to the economy than ever before. But economics, with its weird technical jargon and knotty concepts and formulas can be a very difficult subject to get to grips with on your own. Enter Greg Ip and his Little Book of Economics. Like a patient, good-natured tutor, Greg, one of today's most respected economics journalists, walks you through everything you need to know about how the economy works. Short on technical jargon and long on clear, concise, plain-English explanations of important terms, concepts, events, historical figures and major players, this revised and updated edition of Greg's bestselling guide clues you in on what's really going on, what it means to you and what we should be demanding our policymakers do about the economy going forward. From inflation to the Federal Reserve, taxes to the budget deficit, you get indispensible insights into everything that really matters about economics and its impact on everyday life Special sections featuring additional resources of every subject discussed and where to find additional information to help you learn more about an issue and keep track of ongoing developments Offers priceless insights into the roots of America's economic crisis and its aftermath, especially the role played by excessive greed and risk-taking, and what can be done to avoid another economic cataclysm Digs into globalization, the roots of the Euro crisis, the sources of China's spectacular growth, and why the gap between the economy's winners and losers keeps widening

Mathematics for Economists Made Simple

Mathematics for Economists Made Simple
Author: Viatcheslav Vinogradov
Publisher: Karolinum Press, Charles University
Total Pages: 0
Release: 2010
Genre: Economics, Mathematical
ISBN: 9788024616575

As the field of economics becomes ever more specialized and complicated, so does the mathematics required of economists. With Mathematics for Economists, expert mathematician Viatcheslav V. Vinogradov offers a straightforward, practical textbook for students in economics--for whom mathematics is not a scientific or philosophical subject but a practical necessity. Focusing on the most important fields of economics, the book teaches apprentice economists to apply mathematical algorithms and methods to economic analysis, while abundant exercises and problem sets allow them to test what they've learned.

Everyday Economics Made Easy

Everyday Economics Made Easy
Author: Editors Of Wellfleet Press
Publisher: Wellfleet
Total Pages: 146
Release: 2022-04-26
Genre: Business & Economics
ISBN: 1577152352

Confidently develop and apply economic reasoning to everyday situations with the illustrated step-by-step instruction of Everyday Economics Made Easy.

Principles

Principles
Author: Ray Dalio
Publisher: Simon and Schuster
Total Pages: 560
Release: 2018-08-07
Genre: Business & Economics
ISBN: 1982112387

#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.

Microeconomics Made Simple

Microeconomics Made Simple
Author: Austin Frakt
Publisher:
Total Pages: 134
Release: 2014-06-01
Genre: Business & Economics
ISBN: 9780981454290

Find all of the following topics, explained in plain-English: Introduction: What is Economics? Not a Perfect Model Microeconomics vs. Macroeconomics 1. Maximizing Utility Decreasing Marginal Utility Opportunity Costs 2. Evaluating Production Possibilities Production Possibilities Frontiers Absolute and Comparative Advantage 3. Demand Determinants of Demand Elasticity of Demand Change in Demand vs. Change in Quantity Demanded 4. Supply Determinants of Supply Elasticity of Supply Change in Supply vs. Change in Quantity Supplied 5. Market Equilibrium How Market Equilibrium is Reached The Effect of Changes in Supply and Demand 6. Government Intervention Price Ceilings and Price Floors Taxes and Subsidies 7. Costs of Production Marginal Cost of Production Fixed vs. Variable Costs Short Run vs. Long Run Sunk Costs Economic Costs vs. Accounting Costs 8. Perfect Competition Firms Are Price Takers Making Decisions at the Margin Consumer and Producer Surplus 9. Monopoly Market Power Deadweight Loss with a Monopoly Monopolies and Government 10. Oligopoly Collusion Cheating the Cartel Government Intervention in Oligopolies 11. Monopolistic Competition Competing via Product Differentiation Loss of Surplus with Monopolistic Competition Conclusion: The Insights and Limitations of Economics

Economics in One Lesson

Economics in One Lesson
Author: Henry Hazlitt
Publisher: Crown Currency
Total Pages: 220
Release: 2010-08-11
Genre: Business & Economics
ISBN: 0307760626

With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Economics Simplified

Economics Simplified
Author: Idowu Oladeji Kolawole
Publisher:
Total Pages: 336
Release: 2021-04-14
Genre:
ISBN:

Economics Simplified is a revised edition of Economics Made Easy with additional topics on macroeconomics. Economics Simplified is written for beginners studying economics and related subjects. The book is suitable for both conventional and non-conventional students as a complete course materials or part of a course in all nations. Having been a Universitylecturer for quite a while, my intention in writing the book is to produce a reading material, which learners can read and understand independently. When one reads the chapters, one discovers that the writing style is simple and straightforward, ideal for both economics students and those in related disciplines. The book is worldwide focused; hence it is suitable for readers in both developing and developed nations.The current publication is divided into two parts comprising twenty chapters. The chapters cover two branches of economics, microeconomics and macroeconomics. The first chapter is an introduction to economics. In this chapter, apart from various definitions of economics presented, the fundamental economic problems in any society such as what to produce, how to produce and for whom to produce, are also highlighted. In as much as majority of students do not seem to enjoy the use of mathematics as a means of problem solving in economics. Therefore, in order to make the book friendly to beginners, Chapter 2 introduces readers to simple economics tools, such as equations, tables and graphs. Chapters 3, 4 and 7 present theories of production, consumer behavior and cost respectively. In these chapters, insight will be gained into how a producer can minimize cost and maximize output; and also how a consumer can maximize utility given the limited resources at his or her disposal. Chapters 5 and 6 discuss theories of demand and supply of commodities, that is how consumers and producers tend to react to price changes and other factors that influence buying and selling of goods in the market. Chapter 8 briefly introduces forms of business organization. In the last part of microeconomics, the structural patterns of perfect competition, monopoly, monopolistic competition and oligopoly markets are discussed in Chapters 9, 10, 11 and 12. In part two of the textbook, introduction to macroeconomics is presented in chapter 13. The rest of the chapters under macroeconomics are; measuring macroeconomic activity in chapter 14, consumption and saving in chapter 15, theory of money in chapter 16, banking and money supply in chapter 17, theory of unemployment in chapter 18, theory of inflation in chapter 19, and international trade, balance of payments and foreign exchange rates in chapter 20.Knowledge is better than opinion, so they say; therefore acquiring knowledge of economics is important for the prudent management of available resources and attainment of sustainable development in any nation. Considering how important the subject is, knowledge of economics and the appropriate usage of it would increase wealth and improve living standard ofsociety. Therefore, Economics Simplified would also be relevant in agricultural, financial, health, mining, tourism sectors and other organisations striving for optimal allocation and utilisation of resources. The good thing about this book is that, apart from practical examples used for easy understanding, it has been designed as a link between elementary and advanced levels of the subject. In short, Economics Simplified is friendly to read for everyone at every level of study. The style of the writing will augment the rate of understanding of the principles of economics.