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For Dummies
April 2005
On Sale: April 8, 2005
384 pages
ISBN: 0764557262
EAN: 9780764557262
Paperback
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Self-Help Money
If you think economics is a complicated discipline that’s
reserved for theorists and the intellectual elite and has
nothing to do with you, think again. Economics impacts
every aspect of our lives, from what we eat, to how we
dress, to where we live. Economics might be complicated,
but it has everything to do with you.
Economics For Dummies helps you see how your personal
financial picture is influenced by the larger economic
picture. When you understand how what happens on Wall
Street affects Main Street and how policies emanating from
the White House impact the finances in your house, you’ll
be able to: Learn how government economic decisions affect you and your
family
Make better spending decisions and improve your personal
finances
Maximize your business profits
Make wiser investments
Written by Sean M. Flynn, PhD, Assistant Professor of
Economics at Vassar College, Economics For Dummies covers
all the basics of micro- and macroeconomic theory. The next
time you need to understand an economic theory or
calculation, whether it’s on the nightly news or on a
spreadsheet at work, you’ll no longer be in the dark.
Economics For Dummies covers all the history, principles,
major theories, and terminology, including: How economics affect governments, international relations,
business, and even environmental issues like global warming
and endangered species
How the government fights recessions and unemployment using
monetary and fiscal policy
How and why international trade is good for you even if you
don’t appreciate French champagne, Irish crystal, or Swiss
watches
How the law of supply and demand can explain the prices of
everything from comic books to open heart surgeries
How the Federal Reserve controls the money supply, interest
rates, and inflation
Basic theories such as Keynesian economics, the Laffer
Curve, and Adam Smith’s Invisible Hand
Presenting complex theories in simple terms and helping you
decode the jargon, understand the equations, and debunk the
common misconceptions, Economics For Dummies could be a big
boon to your personal economy!
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