The Complete Idiot's Guide to Economics (Paperback)

~ (Author) "Let's face it: If there's one fundamental principle guiding life on earth, it's scarcity..." (more)
Key Phrases: indifference combinations, fed funds rate, unitary elasticity, United States, Social Security, The Least You Need (more...)

Editorial Reviews

Product Description

Local or global, economic issues are on the public's mind-but making sense of supply and demand isn't so simple. This book explains in everyday terms how markets work, introducing the key players-consumers, business, and government-and using their behavior to illustrate basic theories and ideas. In addition, it coaches both general readers and students in the key concepts and analytical tools of macroeconomics and microeconomics, and teaches the dynamics of markets, consumer behavior, business investment, budgets and taxation, recession and expansions, unemployment and inflation, and more.

About the Author

Tom Gorman is author of The Complete Idiot's Guide to MBA Basics He holds an MBA from NYU and is former director of editorial services at DRI/McGraw-Hill, the world's largest and oldest economic forecasting and consulting firm.

Product Details

• Paperback: 352 pages
• Publisher: Alpha (July 1, 2003)
• Language: English
• ISBN-10: 0028644921
• ISBN-13: 978-0028644929
• Product Dimensions: 9.1 x 7.4 x 0.8 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars  See all reviews (15 customer reviews)
• Amazon.com Sales Rank: #145,362 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

39 of 44 people found the following review helpful:

4.0 out of 5 stars Solid review, January 18, 2004

By	Jeremy M. Milstein (Chicago, IL) - See all my reviews (REAL NAME)

I have a degree in economics and I wanted to refresh myself on some of the things that I learned. This book is probably best for someone who is pretty smart but for anyone who has an interest in economics. In other words, this books assumes the reader has a brain. This also would be a really good book for a student before they take an economics class or who is pursuing a degree. Also, the book has (it has to have) some tables/graphs but the book is not overrun with them which can be intimidating. Also, I don't think there is a "For Dummies" book so this is probably the place to start for those who have an interest.

20 of 21 people found the following review helpful:

4.0 out of 5 stars Good Introduction to an otherwise confusing concept for some, April 10, 2004

By	Tuvan Uner (Virginia,United States) - See all my reviews (REAL NAME)

Amazon Verified Purchase

I bought this book to broaden my horizons on economics since I had limited knowledge on the subject matter. Gives a good overview of the basic and intermediate theories of economics. I would recommend this book strongly to anyone who has either little or no knowledge in economics. It is also a handy book to have on your shelf to brush up on economical terminology. Overall a smart buy.

31 of 35 people found the following review helpful:

3.0 out of 5 stars Great Book, but Loaded With Grammatical Errors, August 28, 2004

By	LJ (USA) - See all my reviews

I would give this book 5 stars if it were not for the numerous and often confusing grammatical errors that are found everywhere. The person(s) who missed these errors should be bagging groceries. This is by far the best guide to general economics that I have ever come across. The author clearly and effectively explains complicated concepts in economics and uses illustrations and examples that will help anyone understand this often complex field. However, this book is loaded with grammatical errors and in some cases they can confuse the meaning of what's being discussed. I am no expert in English Grammar but I know enough to be able to see that an abundance of mistakes were missed in the editing process. A new corrected edition of this book would easily get 5 stars from me.