Economics 101 : from consumer behavior to competitive markets everything you need to know about economics / Alfred Mill

Includes index.

What is Economics -- Trade Offs and Opportunity Cost -- The Emergence of Free Trade and The Importance Of Comparative Advantage -- International Trade and Trade Barriers -- Traditional Economies, Command Economies, and Market Economies -- Capitalism Versus Socialism -- Barter and the Development of Money -- Inconvertible Fiat Explored -- The Time Value Of Money and Interest Rates -- The Origins of Banking -- How Banks Create Money -- Banks As A System: Regulation anf Deregualtion -- Supply and Demand: Market -- Consumer Behavior -- A Price is Born -- Changes in Supply and Demand -- Accounting versus Economics -- The Production Function -- Controlling Costs -- Perfect Competition in the Short Run --Oligopolies and Imperfectly Competitive Markets -- Collusion and Cartels -- Game Theory -- Pricing Behaviors -- Monopoly: The Good, The Bad and The Ugly -- Price Ceilings and Price Floors -- Taxes and Subsidies -- Market Failure -- Financial Market and Loanable Funds Theory -- The Money Market -- The Bond Market -- The Stock Market -- Foreign Exchange and Exchange Rates -- Exports and the Balance of Trade -- The Foreign Sector -- The Gross Domestic Product -- Approaches to GDP -- Real GDP Changes and The Business Cycle -- What GDP Doesn't Tell Us -- Unemployment Defines -- Unemployment Classified -- Why Unemployment is Bad -- Inflation Defined -- Types of Inflation -- Disinflation and Deflation -- Macroeconomic Equilibrium -- The Keynesian View and Fiscal Policy -- The Federal Resrve System -- Monetary Policy -- Supply-Side Economics -- Economic Growth -- Conditions for Economic Growth -- How Economic Policy Affects Growth -- The Collapse of Investment Banking -- Fiscal Policy Under Fire -- The Environment and The Economy -- Index.

"So much of the world revolves around economics, so why do most texts make it so dull and difficult to learn? But learning economics doesn’t have to be boring. In Economics 101, you’ll see how learning economics can be engaging.

Too often, textbooks turn the noteworthy details of economics into tedious discourse that would put even Joseph Stiglitz to sleep. Economics 101 cuts out the boring explanations and instead provides a hands-on lesson that keeps you engaged as you explore how societies allocate their resources for maximum benefit.

From quantitative easing to marginal utility, this primer is packed with hundreds of entertaining tidbits and concepts that you won't be able to get anywhere else. You’ll learn the basics on terms such as, monopolies and oligopolies, game theory, inflation, price ceilings, and so much more. Have you ever wondered about the origin of banking or how banks create money? You’ll find those answers here.

Whether you're looking to master the major principles of finance, or just want to learn more about why money matters, Economics 101 has all the answers—even the ones you didn't know you were looking for."