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Economics For Dummies, 3rd Edition (For Dummies (Business & Personal Finance)) Paperback – April 20, 2018

4.5 out of 5 stars 536 ratings

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Understand the science of wealth and prosperity
  • Find FREE quizzes for every chapter online
  • Learn about good markets, bad monopolies, and inflation
  • Decode budget deficits and trade gains

This book gives you everything you need to understand our rapidly evolving economy—as well as the economic fundamentals that never change. What's the best way to fight poverty? How can governments spur employment and wage growth? What can be done to protect endangered species and the environment? This book explains the answers to those questions—and many more—in plain English.

Inside…

  • Get the fascinating scoop on behavioral economics
  • Understand the model of supply and demand
  • See how governments use monetary and fiscal policy to fight recessions
  • Discover game theory and the secrets of cooperation

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Editorial Reviews

From the Inside Flap

  • Find FREE quizzes for every chapter online
  • Learn about good markets, bad monopolies, and inflation
  • Decode budget deficits and trade gains

Understand the science of wealth and prosperity

This book gives you everything you need to understand our rapidly evolving economy—as well as the economic fundamentals that never change. What's the best way to fight poverty? How can governments spur employment and wage growth? What can be done to protect endangered species and the environment? This book explains the answers to those questions—and many more—in plain English.

Inside…

  • Get the fascinating scoop on behavioral economics
  • Understand the model of supply and demand
  • See how governments use monetary and fiscal policy to fight recessions
  • Discover game theory and the secrets of cooperation

From the Back Cover

  • Find FREE quizzes for every chapter online
  • Learn about good markets, bad monopolies, and inflation
  • Decode budget deficits and trade gains

Understand the science of wealth and prosperity

This book gives you everything you need to understand our rapidly evolving economy—as well as the economic fundamentals that never change. What's the best way to fight poverty? How can governments spur employment and wage growth? What can be done to protect endangered species and the environment? This book explains the answers to those questions—and many more—in plain English.

Inside'

  • Get the fascinating scoop on behavioral economics
  • Understand the model of supply and demand
  • See how governments use monetary and fiscal policy to fight recessions
  • Discover game theory and the secrets of cooperation

Product details

  • Publisher ‏ : ‎ For Dummies
  • Publication date ‏ : ‎ April 20, 2018
  • Edition ‏ : ‎ 3rd
  • Language ‏ : ‎ English
  • Print length ‏ : ‎ 432 pages
  • ISBN-10 ‏ : ‎ 1119476380
  • ISBN-13 ‏ : ‎ 978-1119476382
  • Item Weight ‏ : ‎ 2.31 pounds
  • Dimensions ‏ : ‎ 7.38 x 0.98 x 9.25 inches
  • Best Sellers Rank: #549,079 in Books (See Top 100 in Books)
  • Customer Reviews:
    4.5 out of 5 stars 536 ratings

About the author

Follow authors to get new release updates, plus improved recommendations.
Sean Masaki Flynn
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Sean is an assistant professor of economics at Scripps College in Claremont, California.

He is the author of the international best seller "Economics for Dummies" as well as the coauthor, along with Campbell McConnell and Stanley Brue, of the world’s best-selling college economics textbook, "Economics: Principles, Problems, and Policies".

An avid martial artist, Sean is a former Aikido national champion and has coached five of his students to U.S. national aikido titles.

A recurring commentator on FOX Business, ABC News, and NPR, Sean holds a B.A. in economics from the University of Southern California and a Ph.D. in economics from U.C. Berkeley, where he completed his dissertation under the supervision of Nobel Laureate George Akerlof.

Sean's research focuses on the often puzzling and seemingly irrational behavior of stock market investors, but he's also investigated topics as wide-ranging as the factors that affect customer tipping behavior at restaurants and why you see a lot of unionized workers only in certain industries.

Customer reviews

4.5 out of 5 stars
536 global ratings

Customers say

Customers find the book provides comprehensive coverage of both macro and micro economics, making it an excellent resource for the basics of the subject. Moreover, the content is easy to understand and straightforward, with clear and concise explanations.

13 customers mention "Information quality"12 positive1 negative

Customers find the book provides great information on economics, covering both macro and micro aspects, with one customer noting it crams a lot of content into a small format.

"Outstanding explanation and analysis of both macro and microeconomic principles and theory written in common, conversational language with a..." Read more

"Great information on the subject....! Opened up a better mental view for me... I needed to Re-Informed myself about today’s Economy 🍎🍊🍏..." Read more

"...Maybe they needed to dumb it down even more for me. Lol. Good information" Read more

"Generally an ok resource for the basics of economics, covers macro and micro economics in a way that’s understandable...." Read more

4 customers mention "Ease of reading"3 positive1 negative

Customers find the book easy to understand and straightforward.

"This book was easier to understand than the Kaplan book for the Chartered Financial Analyst test." Read more

"...and theory written in common, conversational language with a straightforward, easy to understand format." Read more

"A little too technical at times. Maybe they needed to dumb it down even more for me. Lol. Good information" Read more

"Clear and straight forward. I am trying get a better understanding of the economy as we continue this unusually prolonged boom...." Read more

3 customers mention "Clarity"3 positive0 negative

Customers find the book clear and concise.

"So I aced my Economics test because of this. Everything was clear, concise, and it made you want to learn more." Read more

"Clear and straight forward. I am trying get a better understanding of the economy as we continue this unusually prolonged boom...." Read more

"it was very concise and informative...." Read more

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Top reviews from the United States

  • Reviewed in the United States on June 25, 2025
    Format: PaperbackVerified Purchase
    This book was very well written and captures the key areas of economics that everyone should know. The examples given brought clarity to each topic. Very well done!
  • Reviewed in the United States on December 29, 2019
    Format: PaperbackVerified Purchase
    Anyway, the main reason I wanted to read this book is because of the 3 main branches of politics, social issues, economic issues and foreign policy issues, economic issues has always been my weakest and I really wanted to get my foot in the door with economics. Like constantly criticizing Bernie Sanders for being “economically illiterate” doesn’t really hold a lot of water when you yourself don’t know how to calculate GDP.
    Now I am not actually sure how to accurately critique a book like this and I guess I have no choice but to give it a 10/10. Mainly because I think it did its job. I knew hardly anything about economics prior to starting this book and now I know way more than when the year started. So yeah, it taught me a lot about basic economics concepts.
    22 people found this helpful
    Report
  • Reviewed in the United States on May 27, 2022
    This is about the standard that I expected to get from a 4D book. In fact I wanted to get an overview of conventional economical theories including any contradictions and general poor rigor that may be included.
    I reduced the star mainly, because some of the theories are patently fantastic, yet presented as uncontroversial - notably the assumptions of "competitive free market". This is like like the physicist's ideal gas, only with 4-6 unrealistic assumptions instead of one, and is treated not as a grossly simplified model, but a suppsedly achievable goal. Worse yet supose that you evaluated all deviations from ideal gas properties as "failures", not of your dumb theory, but of the real world market.
    6 people found this helpful
    Report
  • Reviewed in the United States on November 7, 2019
    Format: PaperbackVerified Purchase
    Clear and straight forward. I am trying get a better understanding of the economy as we continue this unusually prolonged boom. Good times always have a few dips. I just don't want to be too surprised when it does.
    One person found this helpful
    Report
  • Reviewed in the United States on June 3, 2019
    Format: PaperbackVerified Purchase
    I found this book after googling "best intro to economics book" or some such thing. I ordered a copy of the 2nd edition and, sure enough, it was a fantastic overview of introductory micro and macro economic concepts. I passed my intro to micro and intro to macro classes easily after having read it. I assume the 3rd edition is just as good, but I haven't looked at it yet. Enjoy!
    12 people found this helpful
    Report
  • Reviewed in the United States on July 14, 2023
    Format: PaperbackVerified Purchase
    This book was easier to understand than the Kaplan book for the Chartered Financial Analyst test.
    One person found this helpful
    Report
  • Reviewed in the United States on February 16, 2021
    Anyone who has spent any time reading about the two major economic philosophies, Keynes vs Hayek, will notice that this author shows his bias. This author is a disciple of the Hayek/Friedman school.

    He spends more time, and pages, to discussing microeconomics and money supply theory than he does to macroeconomics and aggregate demand theory of Keynes. He said that Keynes’ model has its’ critics but never said that about the monetary model, I.e. Milton Friedman! Since Keynes believed in government intervention into the economy during economic downturns the author makes snide remarks about government intervention into the free market.

    Ok book for newbies but just know this author is not unbiased as to his preferred economic philosophy.
    37 people found this helpful
    Report
  • Reviewed in the United States on April 15, 2020
    Format: PaperbackVerified Purchase
    So I aced my Economics test because of this. Everything was clear, concise, and it made you want to learn more.
    9 people found this helpful
    Report

Top reviews from other countries

Translate all reviews to English
  • ACTY
    5.0 out of 5 stars Great book for me(dummy). Oh the shame!
    Reviewed in the United Kingdom on April 2, 2019
    Format: PaperbackVerified Purchase
    Great book....well....for dummies I guess *rolls head in shame* on a serious note, it explains things well in simple English with good examples. Helps grasp concepts on how society and economics are linked in the modern world.
  • Sandrine
    5.0 out of 5 stars RAS
    Reviewed in France on December 2, 2019
    Format: PaperbackVerified Purchase
    Excellent bouquin dixit ma fille qui commence à la matière ! Aticle livré en temps et en heure, comme d'habitude, impeccable !
    Report
  • annalisa nardi
    2.0 out of 5 stars Incompleto
    Reviewed in Italy on April 16, 2025
    Format: PaperbackVerified Purchase
    Mi aspettavo un approccio più chiaro e preciso. Le definizioni sono spesso vaghe o incomplete, e mancano dettagli importanti. Purtroppo non mi è stato utile per studiare, alla fine ho dovuto cambiare libro.
  • Amazon Customer
    5.0 out of 5 stars An excelletnt, well written book.
    Reviewed in Canada on April 4, 2021
    This book contains complex concepts explained in simple, everyday English. I enjoyed reading it even if it took me longer than expected.
  • Christina Simons
    5.0 out of 5 stars Arrived In Perfect Condition
    Reviewed in Australia on June 27, 2025
    Format: PaperbackVerified Purchase
    Haven't read yet ... and sometimes these books are in no way for dummies ... that's why I got it ... well both reasons, Lol.