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Untangle the jargon & understand how you're involved in everyday economics If you want to get to grips with the basics of economics & understand a subject that affects British citizens on a daily basis, then look no further than Economics For Dummies. This easy to understand guide takes you through the world of economics from understanding micro? & macroeconomics to demystifying complex topics such as capitalism & recession. This updated edition walks you through the history, principles & theories of economics as well as breaking down all the complicated terminology, leaving you clued up on economics in no time. Getting to grips ? explore the science of economics & how people deal with scarcity Keeping an eye on it ? learn all about macroeconomics & how economists keep track of everything Watch patterns emerge ? understand why monitoring consumer behaviour is vital & all you need to know about microeconomics Your recession guide ? expert advice on recessions & a detailed look at why they occur Open the book & find: Why you should care about economics & how it affects you Tools to help you understand a recession A guide to seductive economic fallacies All you need to know on monetary & fiscal policies How supply & demand can be made easy Why it's vital to track consumer choices An in?depth look at a profit?maximising firm & the core of capitalism Guidance on property rights & wrongs Learn to: Look through economic history & spot the trends Understand micro? & macroeconomics Get to grips with consumer behaviour & its influence on the economy Spot the signs of a recession & see how economic decisions affect you.