How Economics Works
English | 2024 | ISBN: 074409853X | 226 Pages | PDF (True) | 80 MB
English | 2024 | ISBN: 074409853X | 226 Pages | PDF (True) | 80 MB
Covering everything from economic theories to economies in action, the book presents the groundbreaking ideas of key economists—from Adam Smith and John Maynard Keynes to Joseph Schumpter and Milton Friedman—in a uniquely visual and easy-to-understand way. Beginning with foundational economic ideas, such as scarcity, marginalism, and the free market, entries then explore the role of choice, markets, trade, and finance, and how whole economies work and are influenced by decisions made by governments and central banks, such as raising taxes or interest rates.





