This book will help readers decode economic phenomena—for example, they will find out exactly why a change in central bank lending rates will change people’s mortgage, making them richer, or poorer; why Big Macs do not cost the same in every country; and how economists would deal with pollution.
It is designed to let the readers dip in and out as they would like, looking for answers to questions they might have or just for a place to start to understand the theory.
Each entry is tagged by one of five subject areas :
Readers can also use the grid system in the contents section to search for questions and answers across a range of topics or use the thread of cross-references provided at the end of each Q&A.
About the Author:STEPHEN KINSELLA, Lecturer in Economics at the University of Limerick, Ireland.