The basic principles of economics are not hard to understand but they are easy to forget, especially amid the heady rhetoric of politics and the media. The vivid examples used …

Dec 2, 2014 · Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he …

May 5, 2019 · Economics studies how people use resources, like money, and affects our everyday lives. Microeconomics looks at individual markets, while macroeconomics looks at …

In a 2004 review of the second edition for Cato Journal, R. Bastiat dubbed Basic Economics "an exhilarating tour of the fundamentals of microeconomics, macroeconomics, financial markets, …

Economics is a social science discipline that investigates how individuals, businesses, governments, and societies allocate scarce resources to satisfy their unlimited desires and …

Sep 16, 2024 · Sowell, an esteemed economist, distills intricate economic theories into accessible concepts without relying heavily on jargon or mathematical formulas. The book spans a wide …

This guide aims to introduce you to the basic concepts of economics, breaking down fundamental principles to demystify this dynamic field. Whether you’re interested in personal finance, policy …

Dec 2, 2014 · This fifth edition includes a new chapter explaining the reasons for large differences of wealth and income between nations. Drawing on lively examples from around the world and …

Learn the basic principles of economic theory, policy, supply and demand, and more in Rice University’s Principles of Economics Intro Course 1, 100% online.

Explore the basic concepts of economics, such as scarcity, opportunity cost, supply and demand, and how they shape economic decisions.