50 Economics Ideas You Really Need to Know
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What exactly is a credit crunch? Why do footballers earn so much more than the rest of us? Which country is likely to be the world's leading economy in 10 years' time? And how does economics affect each one of us, every day? In the seventh volume of the successful 50 Ideas series, Daily Telegraph economics editor Edmund Conway introduces and explains the central ideas of economics in a series of 50 clear and concise essays. Beginning with an exploration of the basic theories, such as Adam Smith's 'invisible hand', and concluding with the latest research into the links between wealth and happiness, he sheds light on all the essential topics needed to understand booms and busts, bulls and bears, and the way the world really works. Packed with real-life examples and quotations from key thinkers, 50 Economics Ideas provides a fascinating overview of how economics influences every aspect of our lives, from buying a house to what we had for breakfast this morning.
From the Inside Flap
What exactly is a credit crunch? Why do footballers earn so much more than the rest of us? Which country will be the world's leading economy in 10 years' time? And how does economics affect each one of us, every day? Edmund Conway, economics editor of the Daily Telegraph, introduces and explains the central concepts of economics in a series of 50 accessible and engaging essays. Beginning with the basic theories, such as Adam Smith's 'invisible hand' and the law of supply and demand, and concluding with the latest thinking on the links between wealth and happiness and the shape of 21st-century economics, he sheds light on all the essential topics needed to understand booms and busts, bulls and bears, and the way the world really works. Packed with real-life examples and quotations from key thinkers, 50 Economics Ideas You Really Need to Know is a lively and relevant exploration of how economics influences every aspect of our lives, from buying a house to what you ate for breakfast this morning.
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Customer Reviews
Most Helpful Customer Reviews
13 of 13 people found the following review helpful
Format:Hardcover
As someone who thinks she knows a bit about economics but on occasion feels woefully uninformed, this book is exactly what I was looking for. It is interesting, readable, witty in places and pitched at just the right level - being informative without being patronising. Most importantly it covers all those crucial topics I kind of thought I knew about but didn't really, and occasionally ended up feeling slightly clueless in conversations whilst others waxed lyrical about crunches, markets and all the `isms' (insert protection, multilateral, capital etc as required).
At last I can properly understand all those slightly baffling economic phrases that the papers are littered with - stagflation and quantitative easing trip off my tongue. Hurrah! And most importantly I can now play those irritating conversationalists who pretend they know stuff at their own game.
Its clear and concise and easy to dip into. I'm very interested but I'm afraid I don't have time to go digging into massive tomes. I know these are big subjects and there is a lot more to read but as an introduction this is just perfect. Thank you Mr Conway for a refreshing and compelling introduction to a tricky but topical subject!
At last I can properly understand all those slightly baffling economic phrases that the papers are littered with - stagflation and quantitative easing trip off my tongue. Hurrah! And most importantly I can now play those irritating conversationalists who pretend they know stuff at their own game.
Its clear and concise and easy to dip into. I'm very interested but I'm afraid I don't have time to go digging into massive tomes. I know these are big subjects and there is a lot more to read but as an introduction this is just perfect. Thank you Mr Conway for a refreshing and compelling introduction to a tricky but topical subject!
12 of 13 people found the following review helpful
Format:Hardcover
Conway really knows a thing or 50 about economics. The joy of this book though is that whilst it helps 'tick things off' which anyone with half an eye on current affairs and the world around really ought to know, it does so in a chirpy snappy manner which helps to instil a sense of confidence to reflect on, and converse about, ideas which might hitherto have seemed impenetrably esoteric. Moreover, it imparts a great deal of enthusiasm for the subject matter and I feel encouraged and equipped to gain a more comprehensive and in-depth understanding of these key principles of economic theory and analysis.
4 of 4 people found the following review helpful
Format:Hardcover
A really useful book. Simple but not simplistic. Worth passing on to younger people who want to understand issues.
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Most Recent Customer Reviews
Great for beginners
I bought this book to use as an introduction to economics and it has come in very useful. It gives a lot of facts in a small book and it is clearly laid out so it is easy to read. Read more
Published 1 month ago by Becky
good introduction to economics
This is a very well written book, its accessible and informative. the condensed idea summarising the chapter is a feature I particularly liked.
Published 6 months ago by I. Yunus
i understand economics :)
I was a beginner. I didnt understand economics at all, yet when anything to do with the economy came on television it fascinated me. Therefore, I bought this book off of Amazon. Read more
Published 6 months ago by divyav
Lucky Dip
This is a clever series, based on the principle that, with articles only four pages long, no-one is going to get bored. Read more
Published 6 months ago by anozama
Great intro
Great intro to economics ideas for the layperson. I had no idea really what economics was and this book started to make things clearer.
Published 7 months ago by Booballoo
Enjoyable read and a good start in the subject...
If you are thinking of taking Economics as a subject or just happen to want to fill gaps in your knowledge then this handy, easy to read book could be the answer. Read more
Published 7 months ago by os
DonnMenn
As a Banking and Finance student, this small yet informative book is an excellent read in the bus or when travelling by other public transport means. Read more
Published 12 months ago by DonnMenn
Useful Book.
As an Economics student I can say briefly that this book has it's uses with regard to finding a source for writing a piece of coursework. Read more
Published 14 months ago by Jamie O'Hare
A must-read book for Economics beginners
This is an amazing book. I have been looking for this kind of economics book EVERYWHERE!
I am not very good at economics, but I can see how important it is to know the... Read more
I am not very good at economics, but I can see how important it is to know the... Read more
Published 16 months ago by Oye
Now I know!
Explains many of the terms and procedures found in the financial world in 'noddy' language. This is not an academic text book but the sort of reference book that should be found in... Read more
Published 16 months ago by Mr. B. Nesbitt-Clarke
Listmania!
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