The Dismal Science. The Worldly Philosophy. The Science of Scarcity. Most people think economics is one of the most challenging and complex fields of study. But with this book, it doesn't have to be! You will learn how the U.S. economy works in unbiased, easy-to-understand language. And you can learn it without the complex equations, arcane graphs, and technical jargon you'll find in most economic texts.David A. Mayer and Melanie E. Fox Why and how we tradeHow the government intervenes in marketsUnemployment and inflationSupply and demandCompetitive, financial, and foreign exchange marketsHow the economy is measuredYou will also learn about the causes and fallout of the recent recession and how global climate change may transform the way our economy operates. Most important, with this introduction, you'll learn how our complex and dynamic economy affects the way we actually live our lives.
Do you want to learn the basics of economics, but have no clue how to search 'economics' on Youtube? Are you the type of person who hates illustrations and easy to grasp examples? Are you looking for the perfect gift to give a person you don't like? Look no further.
This book does a mediocre job of providing definitions for economic terms and sometimes makes sense of certain topics. For that reason, I can say, unequivocally, that you will probably learn more about Econ by reading this book than by falling into a coma.
More often than not, however, it reads like a worse version of the Wikipedia page on economics. Certainly few books on economics will be colorful, but reading the "plain english" used in this fire-fuel of a book is like eating a mayonnaise sandwich on saltine bread.
Economics can be difficult to understand, especially with the algebra and graphs. However, this book explained clearly and simply most of the concepts from macroeconomics. I can say that the author was an expert, as well as passionate about explaining the craft to laymen. If you need a refresher on the basic principles or want to learn economics in a non intimidating way, I recommend this book to you.