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How Economics Works
- DK How Stuff Works
- Narrated by: Elliot Fitzpatrick
- Length: 7 hrs and 57 mins
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Publisher's summary
Discover everything you need to know about economics with this unique guide.
With clear, jargon-free language, How Economics Works is a comprehensive and user-friendly guide to all aspects of economics.
Covering everything from economic theories to economies in action, the book presents the groundbreaking ideas of key economists—from Adam Smith and John Maynard Keynes to Joseph Schumpter and Milton Friedman. Beginning with foundational economic ideas, such as scarcity, marginalism, and the free market, entries then explore the role of choice, markets, trade, and finance, and how whole economies work and are influenced by decisions made by governments and central banks, such as raising taxes or interest rates.
With its unique approach and clear, authoritative text, How Economics Works is the perfect introduction to the subject.
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