Tackles the subject of economics in terms the general reader can understand, breaking down the jargon and covering all the essential facts. 2nd edition. *Also appeared in October Buyer's Notes Untangle the jargon and understand how you're involved in everyday economics If you want to get to grips with the basics of economics and understand a subject that affects British citizens on a daily basis, then look no further than Economics For Dummies. Introduction. Part I: Economics: The Science of How People Deal with Scarcity. Chapter 1: What Does Economics Study? And Why Should You Care? Chapter 2: Cake or Ice Cream? Tracking Consumer Choices. Chapter 3: Producing the Right Stuff in the Right Way to Maximise Human Happiness. Part II: Macroeconomics: The Science of Economic Growth and Stability. Chapter 4: Measuring the Macroeconomy: How Economists Keep Track of Everything. Chapter 5: Inflation Frustration: Why More Money Isn't Always a Good Thing. Chapter 6: Understanding Why Recessions Happen. Chapter 7: Fighting Recessions with Monetary and Fiscal Policy. Part III: Microeconomics: The Science of Consumer and Firm Behaviour. Chapter 8: Supply and Demand Made Easy. Chapter 9: Getting to Know Homo Economicus, the Utility-Maximising Consumer. Chapter 10: The Core of Capitalism: The Profit-Maximising Firm. Chapter 11: Why Economists Love Free Markets and Competition. Chapter 12: Monopolies: How Badly Would You Behave If You Had No Competition? Chapter 13: Oligopoly and Monopolistic Competition: Middle Grounds. Chapter 14: Property Rights and Wrongs. Chapter 15: Market Failure: Asymmetric Information and Public Goods. Part IV: The Part of Tens. Chapter 16: Ten (Or so) Famous Economists. Chapter 17: Ten Seductive Economic Fallacies. Chapter 18: Ten Economic Ideas to Hold Dear. Appendix: Glossary. Index.