Economics for Dummies

ISBN-10: 0764557262

ISBN-13: 9780764557262

Edition: 2005

Authors: Sean Flynn
List price: $21.99
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Description: This text unlocks the mysteries of 'the dismal science' to help anyone understand the pronouncements of John Maynard Keynes and other economists. It provides explanations of what economists do and how to understand what they say, and how the forces of economics apply to everyday events.

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Book details

List price: $21.99
Copyright year: 2005
Publisher: John Wiley & Sons, Incorporated
Publication date: 4/8/2005
Binding: Paperback
Pages: 384
Size: 7.25" wide x 9.00" long x 0.75" tall
Weight: 1.518
Language: English

Sean is an assistant professor of economics at Scripps College in Claremont, California.He is the author of the international best seller "Economics for Dummies" as well as the coauthor, along with Campbell McConnell and Stanley Brue, of the world's best-selling college economics textbook, "Economics: Principles, Problems, and Policies". An avid martial artist, Sean is a former Aikido national champion and has coached five of his students to U.S. national aikido titles. A recurring commentator on FOX Business, ABC News, and NPR, Sean holds a B.A. in economics from the University of Southern California and a Ph.D. in economics from U.C. Berkeley, where he completed his dissertation under the supervision of Nobel Laureate George Akerlof. Sean's research focuses on the often puzzling and seemingly irrational behavior of stock market investors, but he's also investigated topics as wide-ranging as the factors that affect customer tipping behavior at restaurants and why you see a lot of unionized workers only in certain industries.

Introduction
Economics — The Science of How People Deal with Scarcity
What Does Economics Study? And Why Should You Care?
Cookies or Ice Cream? Tracking Consumer Choices
Producing the Right Stuff the Right Way to Maximize Human Happiness
Macroeconomics — The Science of Economic Growth and Stability
Measuring the Macroeconomy: How Economists Keep Track of Everything
Inflation Frustration: Why More Money Isn’t Always a Good Thing
Understanding Why Recessions Happen
Fighting Recessions with Monetary and Fiscal Policy
Microeconomics — The Science of Consumer and Firm Behavior
Supply and Demand Made Easy
Getting to Know Homo Economicus, the Utility-Maximizing Consumer
The Core of Capitalism: The Profit-Maximizing Firm
Why Economists Love Free Markets and Competition
Monopolies: How Badly Would You Behave If You Had No Competition?
Oligopoly and Monopolistic Competition: Middle Grounds
Property Rights and Wrongs
Market Failure: Asymmetric Information and Public Goods
The Part of Tens
Ten (Or So) Famous Economists
Ten Seductive Economic Fallacies
Ten Economic Ideas to Hold Dear
Appendix
Index
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