How economics works The concepts visually explained

Book - 2024

"What is Economics? Why do consumers borrow and save? How do economic systems work? Money and investing can be daunting. This book covers all of the key aspects of economic theory and history"-- Amazon.com

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Subjects
Published
New York, NY : DK 2024.
Language
English
Other Authors
Mark (Illustrator) Clifton (illustrator)
Edition
First American edition
Item Description
Includes index.
Physical Description
223 pages : color illustrations ; 24 cm
ISBN
9780744098532
  • Introduction
  • Fundamentals of Economics
  • What is economics?
  • Scarcity
  • Utility
  • Rational choice
  • Marginalism
  • Opportunity cost
  • Specialization
  • Factors of production
  • Transaction costs
  • Property rights
  • Economic systems
  • Markets
  • How markets fail
  • Microeconomics
  • The consumer
  • The firm
  • Supply and demand
  • Elasticity
  • Production costs
  • Economies of scale and scope
  • Markets and industries
  • Labor markets
  • "Perfect" competition
  • Monopolies
  • Oligopoly
  • Monopolistic competition
  • Antitrust laws
  • External costs
  • Tragedy of the commons
  • Public goods
  • Asymmetric information
  • Incentivizing production
  • Time preference
  • Economics of information
  • Network effects
  • Macroeconomics
  • The circular flow
  • Economic indicators
  • Gross domestic product
  • Economic growth
  • Savings and investments
  • Recession
  • Inflation
  • Unemployment and labor
  • The Phillips curve
  • Aggregate supply and aggregate demand
  • Market equilibrium
  • Expectations
  • The role of government
  • Fiscal policy
  • Government borrowing
  • Monetary policy
  • The role of banks
  • The financial sector
  • Financial crashes
  • Inequality
  • Schools of Economic Thought
  • Classical and neoclassical economics
  • Keynesian economics
  • Post-Keynesian economics
  • Marxian economics
  • Schumpeterian economics
  • Institutional economics
  • The Austrian School
  • Neoliberalism
  • Environmental economics
  • Well-being economics
  • Behavioral economics
  • Complexity and chaos
  • Feminist economics
  • International Trade
  • Why do nations trade?
  • Balance of trade
  • Absolute and comparative advantage
  • Trade blocs
  • Free trade
  • Gravity models
  • Trade restrictions
  • Trade tariffs
  • Development economics
  • Trade and development
  • Ethical trade
  • The foreign sector
  • Global trade oragnizations
  • Finance
  • Money
  • Borrowing and saving
  • Business investment
  • Financial instruments
  • Financial markets
  • Risk
  • Stock prices
  • Efficient market hypothesis
  • Behavioral finance
  • Economic bubbles
  • Optimal portfolios
  • Bond markets
  • Derivatives
  • Capital structure
  • Private equity and venture capital
  • Currency exchanges
  • Cryptocurrency
  • Index
  • Acknowledgments