Name: Economics for Beginners & Dummies
Brand: Giovanni Rigters
SKU: 9781088096628
Price: 688.0 INR
Availability: InStock

Economics for Beginners & Dummies

by Rigters

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ISBN13: 9781088096628
Binding: Paperback
Subject: N/A
Publisher: Giovanni Rigters
Publisher Imprint: Giovanni Rigters
Publication Date: February 16, 2023
Pages: 68
Original Price: GBP 7.99
Language: English
Edition: N/A
Item Weight: 91 grams
BISAC Subject(s): Consumer Behavior and Education

About The Book

Economics for Beginners is a quick and simple explanation of basic economic ideas and principles. A common misconception about economics is that the study is all about money. Money is only one aspect of the economy. Economics is the study of the choices people, companies, or governments make when allocating their resources to create products and services.

Those choices made are based on the scarcity of the resources, needs of the people, and the economic style of the community creating traditional, command, market, or mixed economies. Additionally, this text offers a common language, an easily understandable discussion of the law of supply and demand, and the intersection of both known as "equilibrium." Finally, this ebook explains the cause and effect relationship between the economy and taxes, interest rates, and other governmental influences that lead to inflation and deflation, or the growth and contraction of the economy.

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