Economics 101: An Essential Guide to How the Economy Works

This highly visual full-colour hardback contains everything you can learn about the fundamentals of economics, made accessible and engaging by economics expert Elaine Schwartz. Packed with flow diagrams, infographics, pull-out features and handy timelines, this book makes learning the subject easier than ever. It covers the whole breadth of the subject at degree level, covering market equilibrium, economic policy, comparative development and more. It also includes profiles of prominent economists, including Adam Smith, John Maynard Keynes and Einor Ostrom, and the contributions they have made to economic theory. By the time you finish this book, you will be able to answer questions such as: • How do supply and demand work? • What is monetary policy? • Is GDP the best measure of success? • What are the costs and benefits of globalization? This hardback guide is perfect for both students and those wishing to know how economics has played its part in constructing the world in which we live.ABOUT THE SERIES: Knowledge 101 brings together highly visual, hardback introductions to many intriguing disciplines, featuring reader-friendly text, spectacular images, and informative diagrams to make the learning experience easier than ever.