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50 Economics Ideas You Really Need to Know (50 Ideas) Hardcover – 3 Sep 2009

4.5 out of 5 stars 70 customer reviews

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  • 50 Economics Ideas You Really Need to Know (50 Ideas)
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  • 50 Political Ideas You Really Need to Know (50 Ideas You Really Need to Know series)
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Product details

  • Hardcover: 208 pages
  • Publisher: Quercus (3 Sept. 2009)
  • Language: English
  • ISBN-10: 1848660103
  • ISBN-13: 978-1848660106
  • Product Dimensions: 17.8 x 1.9 x 21 cm
  • Average Customer Review: 4.5 out of 5 stars 70 customer reviews
  • Amazon Bestsellers Rank: 47,483 in Books (See Top 100 in Books)
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Product description

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.

From the Back Cover

The invisible hand.
Supply and demand.
The Malthusian trap.
Opportunity cost.
Division of labour.
Comparative advantage.
Supply-side economics.
The marginal revolution.
Micro and macro.
Gross domestic product.
Central banks and interest rates.
Debt and deflation.
Currencies and exchange rates.
Balance of payments.
Trust and the law.
Energy and oil.
Bond markets.
Stocks and shares.
Risky business.
Boom and bust.
Pension and the welfare state.
Money markets.
Blowing bubbles.
Credit crunches.
Creative destruction.
Home-owning and house prices.
Government deficits.
Technological revolution.
Development economics.
Environmental economics.
Behavioural economics.
Game theory.
21st-century economics.

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