Publisher's Synopsis
An Easy Way to Know the Valuable Basics of Economics
In the lives of all of us, many economic phenomena occur every day, but many of us are not aware of what drive these phenomena, for example how money really works, why different places have different levels of prosperity, how people value things and prioritize important activities in their lives, how the financial system works, and many more. This book gives insights into the real workings and the underlying economics of our world and how exactly they affect us. This book is for everyone who wants to understand the present day economic system. A special emphasis is given on the real value of money. This book can be an easy way to understand economics and the most important economic principles in a crystal-clear way. This book can be read easily even by beginners and lay persons. This book will enable anyone not only to understand economics but also to use economics in life. Table of contents: 1. Meaning of Economics: The Interactions2. The Beginnings
3. Production: The Beginning of Economic Activities
4. The Value of a Good or Service
5. Exchange
6. Money: Common Media of Exchange
7. The Value of Money
8. Banking
9. Inflation
10. Conclusion You might want to buy this book and keep it in your home or office as a go-to economics reference.