How Economics Works: The Concepts Visually Explained

Economics is a complex topic that can be daunting, but this book covers all the key aspects of economic theory and history in a simple and visual way. It includes chapters on fundamentals, microeconomics, macroeconomics, trade, and finance, and is part of DK's popular How Stuff Works series. Whether you're interested in the mind, science, or the cosmos, there's so much more to unpack!

Format: Hardback
Length: 224 pages
Publication date: 06 June 2024
Publisher: Dorling Kindersley Ltd

Economics is a fascinating field that explores the behavior of individuals, businesses, and governments in the context of scarce resources. It covers a wide range of topics, including microeconomics, macroeconomics, trade, and finance. One of the key questions in economics is why consumers borrow and save. Consumers borrow money to purchase goods and services, while they save money to provide for their future needs. Economic systems work by allocating resources to their most productive uses. This can be done through the market, where prices are determined by supply and demand, or through government intervention, such as taxes and subsidies. Money and investing can be daunting, but this book covers all of the key aspects of economic theory and history. It provides an introduction to complex concepts and new ideas for beginners, and a systematic layout of text and graphics to make the topic more approachable. Different materials, diagrams, and theories are also included to supplement studies. A practical, no-nonsense approach is also provided, assisting you with understanding the fundamentals of economics. Chapters that outline fundamentals, microeconomics, macroeconomics, trade, and finance are included. At DK, we are fascinated by How Stuff Works. So why stop here? How Economics Works is part of DK's widely successful How Stuff Works series. Discover the inner workings of the mind with How the Brain Works, succeed in all things Science with How Science Works, and discover the cosmos like you've never known before with How Space Works. Whatever topic sparks your interest, there's so much more to unpack!

Weight: 846g
Dimension: 241 x 202 x 23 (mm)
ISBN-13: 9780241634783