Economics is the study of the production, distribution, and consumption of goods and services. But in real terms it affects all of us on a daily basis: what we can buy, where we can live, how our careers develop and where we can go on holiday.

Brilliant Economics is your easy-to-understand introduction to the world of economic policy, theory and how these things practically affect you. Beginning with the basics of economic thinking, the book looks at key theorists and key economic ideas. It explains how economies grow and why recessions happen. You’ll understand about unemployment and recognise the importance of inflation. Learn why buying a house may make sense and find out what the real role of governments are, and why they ask you to pay tax.

Contents:

Chapter 1: Economics – the business of life

Chapter 2: The Miracle of Growth

Chapter 3: Business Cycles – from boom to bust and back again

Chapter 4: Work and wages

Chapter 5: The pain of inflation

Chapter 6: The role of government

Chapter 7: Interest rates and monetary policy

Chapter 8: Money and finance

Chapter 9: Housing and property

Chapter 10: Trade and currencies

Chapter 11: Alternative economics theories

Brilliant Glossary

Brilliant Links