Anyone who has typed a "...For Dummies" book has had the thirst to learn and the matching humility to gain some basic understanding of a concept. Not recommend it for people taking College Econ courses since most schools are focus on calc than theory. Community (This content is not subject to review by Daily Kos staff prior to publication.) Even economists have trouble defining exactly what economics means.Yet, there is no doubt that the economy and the things we learn through economics affects our everyday lives. Not wanting to lose any of my other classes, I decided not to correct my schedule and decided to just keep the class. Be the first to ask a question about Economics For Dummies. You can use the statistical tools of econometrics along with economic theory to test hypotheses of economic theories, explain economic phenomena, and derive precise quantitative estimates of the relationship between economic variables. He gives a detailed explanation of many economic indicators so the reader can track various parts of the US and the world economy. Economics for Dummies is the most sophisticated of the three books and covers extremely important material left out of the others. I highly recommend it for anybody seeking to understand economics simply and effectively. Yes, I rated this 5 stars. They are also entertaining. I got a B which was more than I was expecting. How to Use the Langrangian Function in Managerial Economics. Econometrics For Dummies Cheat Sheet. It was an eye-opener into how complex the economy is & what affects it from top to bottom. 4.4 out of 5 stars 179. Reviewed in the United States on June 19, 2011. Very enjoyable read with just the right amount of sense of humor. That said, and keeping in mind that this is my first work on economics which therefore determines 100% of my knowledge of the subject, I have to say that EfD is a good place to get started. Asset prices are forward-looking. We hear a lot about Protectionism rights, which is good only for active and non dying industries. I really enjoyed the simple explanation and some blended humours in the text. The ...For Dummies series of books have a bad reputation, but I've gotten use out of them over the years. Though this book addressed those principles and explained them quite well, I felt it spent too much time with math and formulas to try and explain those principles. This book is not for sophisticated economy students but for people who wants to self-learn. Macroeconomics studies national economies, and microeconomics studies the behavior of individual people and individual firms. I decided to read it after hearing various opinions on how certain policies should be handled, how the government handles money & the economy & because of the "Great Recession" as it has been called. After a scheduling error, I found myself in Macroeconomics 2 instead of Macroeconomics 1. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. It gives very thorough coverage of key economics concepts but renders them so simply and lucidly that I have decided to keep it on hand as a reference: I review specific topics in this book first and this forms the basis for evaluating real-life data or integrating heavier mathematical material from other texts. Helps me understand economics in a way I never could before in college. It is a condensed and pragmatic approach to a seemingly complex subject, i.e. I decided to read this book part way through reading Alan Greenspan's "The Age Of Turbulence" book so that I could get a better appreciation of what he was trying to convey. Whoever wrote it (I don't remember and I'm too lazy to scroll up and see) did a fantastic job. Goodreads helps you keep track of books you want to read. Im glad that I found this book in the library. This newly revised edition presents updated material about the recent financial crisis and the steps taken to repair it. My only hesitation to recommending would be that the reader needs to have a conceptual understanding of graphing and algebra. Being an engineer, I never took any economics courses in college, but the subject is one that impacts so much in politics that I wanted to learn more. Definitely worth the investment. economics. Economics For Dummies helps you see how your personal financial picture is influenced by the larger economic picture. Reviewed in the United Kingdom on 24 May 2017. ECONOMICS FOR DUMMIES. Normally I shy away from doing book reviews. Now I read and listen to the news and actually understand what certain things mean and get the implications of certain fiscal and monetary policies. 25 Favorites . Economics For Dummies Cheat Sheet. You can still see all customer reviews for the product. Reviewed in the United States on February 13, 2009. Awesome: Easy to read and a great review. Great book for those who really want to learn economics from a, mostly, layman’s point of view. Be the first one to write a review. This is due to the reason that a good building can never be built unless you put a good base. Economics for Dummies Review: The study of basics of any subjects is very important for any student. This book, which I picked up as refresher, handled economic theories, elegantly and economically. In detail explanation of how government has to encourage innovation by providing patent rights. This is one of them. I learned more from this book than from my other economics classes in college! So regulation has to be in place to control this. Reviews There are no reviews yet. Clear, easy to read explanation of basic economics. It'll give you a good idea about what you're working with if you want to do further economic research/learning, but it's perfectly fine as a introduction on it's own. Just a moment while we sign you in to your Goodreads account. Not an economic dummy anymore. Well written and immediately useful. Now I read and listen to the news and actually understand what certain things mean and get the implications of certain fiscal and monetary policies. Economics is a complex subject filled with a maze of confusing terms and details which can be difficult to explain. After a scheduling error, I found myself in Macroeconomics 2 instead of Macroeconomics 1. Since it has been 16 years since I read an economics book, I cannot compare this book to other books. I really must be a dummy. It is my first book on economics. Admittedly, I'm a tad bit biased in favour of both the topic of economics in general and the author in particular, as (1) I had more interest in economics than the average Joe at a young age due to my Dad (Dr. Earle W. Orr, Jr, God rest his soul) having been a professional economist and former Econ professor (at Northwestern and Purdue Universities), and (2) Sean Masaki Flynn is an old personal friend from our USC days (Fight On, Trojans!!✌️️✌️️). Economics For Dummies For Dummies Economics Whiteface pictured on the cover. and the 2008/9 recession, it has never seemed more important to read books like `Economics for Dummies'. and the 2008/9 recession, it has never seemed more important to read books like `Economics for Dummies'. I gave this book a 2/5, but I should note that how one wishes to use this book is likely to change how it should be rated. 2.0 out of 5 stars Product Code Invalid. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. I'd never had an economics course before, so this book had to substitute for the undergraduate education that I was lacking. Yes, it may fall short of anything that is taught in an economics class, but this is after all a book with a "For Dummies" in its title! Here time alone will For who dummy survive the twisted and savage world where the only law is that of the strong, and the price of weakness is slavery, misery, or death. In starting, growing and running companies, fluency in micro-ecnoomics, macro-economics, accounting and financial analysis among other things is critical. Economic Indicators For Dummies by Michael Griffis is a good book. Reviewed in the United States on October 6, 2012. Economics might be complicated, but it has everything to do with you. so I was really gerateful to find it. By Roberto Pedace. My angle was to understand better the principles of economics. It helped a lot, especially when studying for the exams. I just started my economics course, and I am already overwhelmed. The Economics Book: Big Ideas Simply Explained DK. I took an economics course back in college in 1990. Find helpful customer reviews and review ratings for Economics For Dummies at Amazon.com. Writing this review in the middle of the Credit Crunch (how I hate the media for creating that term!) Economics impacts every aspect of our lives, from what we eat, to how we dress, to where we live. A Concise Guide to Macroeconomics, Second Edition: What Managers, Executives, and Students Need to Know There are some simple formulas and graphs in this book which I felt improved the understanding of some concepts. It's like a whole new world has opened up to me. This book does repeat itself quite a bit, which you may find useful in learning the concepts presented. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Read honest and unbiased product reviews from our users. 46,701 Views . If you think economics is a complicated discipline that's reserved for theorists and the intellectual elite and has nothing to do with you, think again. Efficient markets should be surprised. This is probably the first and last review I'll ever do of a "Dummies" book, but I just had to give this book a plug. As a guide to how we 'should' think about economics, I'd say it's not very good. 4.6 out of 5 stars 864. Economics impacts every aspect of our lives, from what we eat, to how we dress, to where we live. The cast knew the Miller's tale. If exclusive patent rights are not given, then people are not motivated to invent. The author (fellow Berkeley alum) breaks it down in such an easy way that even a dummy in economics like myself understood every marginal cost curve. I think this is another great entry in the "For Dummies" series. Especially interesting at this time because of the current president's emphasis on protectionism. Yes, I rated this 5 stars. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. Reviewed in the United States on November 4, 2006. Economics is a social science that deals with the production, distribution, and consumption of goods and services. Disabling it will result in some disabled or missing features. Paperback. Good question. 4.0 out of 5 stars Economics for .. fairly intelligent Dummies. Every person should read this if only to better understand the world around them. Find helpful customer reviews and review ratings for Economics For Dummies, 3rd Edition at Amazon.com. By Sean Masaki Flynn. Economics For Dummies Cheat Sheet (UK Edition) Economics is the science that studies how people and societies make decisions that allow them to get the most out of their limited resources. Once that was put behind me, I was able to get something out the work. There are no discussion topics on this book yet. This is your basic economics 101 textbook, boiled down to the basics and sans all the practice problems and research fluff. Read honest and unbiased product reviews from our users. Although this book did not cover everything I needed to understand for my Economics course, it was extremely helpful. It was written before this recession hit, and explains all about monetary and fiscal policy and how the government tries to get the nation out of recessions. Economics might be complicated, but it has everything to do with you. If you don't like numbers, formulas, ratios, and probabilities then avoid this book. Great book. 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. Anyone who has typed a "...For Dummies" book has had the thirst to learn and the matching humility to gain some basic understanding of a concept. The book tackled important topics in economics. Economics for Dummies Addeddate 2012-12-11 04:52:33 Identifier EconomicsForDummies_ Identifier-ark ark:/13960/t7sn1gv2r Ocr ABBYY FineReader 8.0 Ppi 300. plus-circle Add Review. Packed with refreshed information and relevant new examples from today's economy, it gives you a … But giving patent rights could also cause monopoly. I decided to read it after hearing various opinions on how certain policies should be handled, how the government handles money & the economy & because of the "Great Recession" as it has been called. Economics might be complicated, but it has everything to do with you. 'Economics For Dummies' Author Offers Advice October 8, 2008 • With the market plummeting, the bailout plan in effect, and bank closures on … In detail explanation of how government has to encourage innovation by providing patent rights. I also decided to read it out of genuine curiosity because I once took an economics class & my "professor" said that all you needed was an opinion, which was more than unhelpful to say the least. The basis in the book is enough for me to read news articles and make my own judgements. I wish they had made the content suited more to supplement course , but it is again a self-help book for 'beginners' than intermediary or advanced learners/ course takers. Reviewed in the United States on May 6, 2007. It was hard to find a book written to help in a course rather than tell you how to invest etc. I think For Dummies' style should me. Very enjoyable read with just the right amount of sense of humor. Writing this review in the middle of the Credit Crunch (how I hate the media for creating that term!) Welcome back. Untangle the jargon and understand how you're involved in everyday economics. Economics is the study of how society uses its limited resources. I thought I would put my Kindle on speech mode & let this book educate me while I got on with the washing up. The price you (or anyone … It is a condensed and pragmatic approach to a seemingly complex subject, i.e. Using Theories like Prisoners Dilemma to avoid oligopoly. Based on the other reviews on Amazon, I picked up this book to assist me with a graduate economics course after realizing that I was way in over my head. Overall, as someone who doesn't know much about economics, I think it's a good book as a starting point & one can branch off from there wherever their interests take them. When you understand how what happens on Wall Street affects Main Street and how policies emanating from … The author (fellow Berkeley alum) breaks it down in such an easy way that even a dummy in economics like myself understood every marginal cost curve. It's like a whole new world has opened up to me. Trickle-Down Economics For Dummies. However, I thought that the book was easy to read and the information easy to digest. The demand-supply graphs are a critical part of understanding this material. This book is a clear introduction to the topic of economics and fiscal policy and makes a complex subject that bit clearer for the layman. There's a problem loading this menu right now. The verdict? Economics For Dummies, 3rd Edition Sean Masaki Flynn. Lynne Pepall, PhD, is a professor of economics at Tufts University. Because every country, every business, and every person deals with constraints and limitations, economics is … Start by marking “Economics For Dummies” as Want to Read: Error rating book. I am hoping that this book will help me to better understand economics and resources and scarcity. This was a nice introduction to economics. Also went in and put in context by discussing governance decisions from the POV of economics. Thomas E. Woods Jr., The Church and the Market: A Catholic Defense of the Free Economy (Lexington Books, 2005) 280 pp., $21.95, Paperback, ISBN-13: 978-0739110362 Reviewed Rupert J. Ederer . This book surely helped me. I think that the examples used in it are very clear to understand. Touches on supply and demand and interesting illustrations. Economics studies how people allocate resources among alternative uses. This did the trick. To accurately perform these tasks, you need econometric model-building skills, quality data, and … In which Jacob Clifford and Adriene Hill launch a brand new Crash Course on Economics! I think this is another great entry in the "For Dummies" series. It explained everything in a much clearer fashion than the textbook we were using. Even though I did get an A on the course, I had forgotten most of the concepts. But giving patent rights could also cause monopoly. So, what is economics? It helped a lot, especially when studying for the exams. I would highly recommend this book to anyone having difficulty with terms in an economics class. Heck, like most “For Dummies” books, it had some great humor sprinkled in, too. I am a technology entrepreneur with an undergraduate degree in economics, and a graduate degree in finance and statistics. by Wiley. 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