Writing this review in the middle of the Credit Crunch (how I hate the media for creating that term!) and the 2008/9 recession, it has never seemed more important to read books like `Economics for Dummies'. This book is a clear introduction to the topic of economics and fiscal policy and makes a complex subject that bit clearer for the layman. This has many graphs and illustrations to clarify the various points made and focuses on many aspect of economics. Topics covered include, Why we should care about economics, explaining macro and micro economics, consumers choices and the impact on economics, ways of measuring economic conditions, inflation, recession, fighting recession, supply and demand, the core of capitalism, competition and monopolies, property rights, market failure and the obligatory part of tens looking at famous economists, economic fallacies and economic ideals to hold dear. All of this sounds rather dry and boring and although some parts are harder to stick with than others, this is generally an informative and engaging read. It has to be said that this follows the basic 'dummies' format, with various icons, cartoons, clear headings and 'part of tens' at the back, so if you know the format you will know what to expect. If you are looking for an introduction to this subject and don't know where to start, this is as good a place as any and will stand you in good stead to understand future economic conditions and news and may even help with your own investment ideas. (As an aside, if you are interested in Investing, then Tony Levine's `Investing for Dummies' is another clear and engaging introduction and is worth considering. As is `Personal Finance` by George Callaghan ).
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