On cover: "Making everything easier!"

Includes index.

Introduction --
Pt. 1. Economics: the science of how people deal with scarcity --
Ch. 1. What does economics study? And why should you care? --
Ch. 2. Cake or ice cream? Tracking consumer choice --
Ch. 3. Producing the right stuff in the right way to maximize human happiness --
Pt. 2. Macroeconomics; The science of economic growth and stability --
Ch. 4. Measuring the macroeconomy: How economists keep track of everything --
Ch. 5. Inflation frustration: why more money isn't always a good thing --
Ch. 6. Understanding why recessions happen --
Ch. 7. Fighting recessions with monetary and fiscal policy --
Pt. 3. Microeconomics: The science of consumer and firm behavior --
Ch. 8. Supply and demand made easy --
Ch. 9. Getting to know homo economicus, the utility-maximising consumer --
Ch. 10. The core of capitalism: The profit-maximising firm --
Ch. 11. Why economists love free markets and competition --
Ch. 12. Monopolies: How badly would you behave if you had no competition? --
Ch. 13. Oligopoly and monopolistic competition: middle grounds --
Ch. 14. Property rights and wrongs --
Ch. 15. Market failure: Asymmetric information and public goods --
Pt. 4. The part of tens --
Ch. 16. Ten (or so) famous economists --
Ch. 17. The seductive economic fallacies --
Ch. 18. Ten economic ideas to hold dear.

If you want to get to grips with the basics of economics and understand a subject that affects British citizens on a daily basis, then look no further than Economics For Dummies. This easy to understand guide takes you through the world of economics from understanding micro- and macroeconomics to demystifying complex topics such as capitalism and recession.

This updated edition walks you through the history, principles, and theories of economics as well as breaking down all the complicated terminology, leaving you clued up on economics in no time.