What You Need to Know about Economics

George Buckley & Sumeet Desai: What You Need To Know About Economics Economics Matters. But with confusing things like GDP and interest rates, it's often hard to get you head around. So What do you really need to know about economics? Find out: What economic growth is and why it matters How inflation happens How jobs are created and lost How the property market works What central banks do and how it affects the rest of us The impact of government spending on the economy What You Need to Know About Economics cuts through the theory to help you to do your job and understand the world around you better. Read More in the What You Need to Know Series and Ger Up to Speed on The Essentials... Fast.

Introduction – What You Need to Know about Economics 1 1 – Growth 5 2 – Inflation 39 3 – Employment 75 4 – Trade 111 5 – Money 147 6 – Central Banking 181 7 – The Public Finances 213 8 – Housing 245 Conclusion 279 Acknowledgements 283 Sources 285 Index 291