Grasp the history, principles, theories, and terminology of economics with this updated bestseller
Since the initial publication of Economics For Dummies in 2005, the U.S. has endured a number of drastic changes and events that sent its economy into a tailspin. This newly revised edition presents updated material about the recent financial crisis and the steps taken to repair it.
Packed with refreshed information and relevant new examples from today's economy, it gives you a straightforward, easy-to-grasp understanding of how the economy functions-and how it influences personal finances.
New information on deciphering consumer behaviorRefresh coverage of fiscal and monetary policiesA new chapter on health care policy and the financial crisisPresenting complex theories in simple terms and helping you decode the jargon, understand the…
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Producers determine supply, consumers determine demand, and their interaction in
