Economic is the study of the complex web of interactions, from the individual to the mega-corp, the corner store to the central bank. The Great Recession has caused many of us to have opinions about economic policy-and a desire to know more. This book give explanation about:
- Definitions of the basic elements and principles of any economy.
- A look at the common patterns of consumer and business behavior.
- A primer on how business organize themselves into markets and the various structures markets can embody.
- Coverage og how markets, money, goods, and services from whole economies, how they act, and how they're regulated.
- Explanations of economic cycles and government efforts to limit their excesses and impacts.