There have always been expansions and contractions and bubbles that pop. We always seem to be debating government spending, economic growth, taxes, and regulation.

How can we understand all of this?

Because economics is about people and what they have done, we can start by meeting the first real economist, Adam Smith, and then continue onward to other economic thinkers. Through these thinkers and stories from our own economic history, we can grasp how we got to where we are. By seeing where our economy has been, we can understand where we want it to go.

Economics: Everything You Need to Know to Master the Subject - in One Book! (A Degree in a Book, 8) is a highly visual, full-color guide that contains everything you can learn in an Economics degree, made accessible and entertaining 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?

A Degree in a Book: Economics is perfect for both students and those wishing to know how economics has played its part in constructing the world in which we live.