Economics For Dummies (For Dummies (Business & Personal Finance))

Economics For Dummies (For Dummies (Business & Personal Finance))


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. Economics impacts every aspect of our lives, from what we eat, to how we dress, to where we live. Economics might be complicated, but it has everything to do with you. Economics For Dummies helps you see how your personal financial picture is influenced by the larger economic picture. When you understand how what happens on Wall Street

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Customer Reviews


117 of 121 people found the following review helpful:
5.0 out of 5 stars
of the first water, May 6, 2007
By 
Caraculiambro (La Mancha and environs) – See all my reviews

Amazon Verified Purchase(What’s this?)
This review is from: Economics For Dummies (Paperback)

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. Whoever wrote it (I don’t remember and I’m too lazy to scroll up and see) did a fantastic job. It’s really good!

I confess that I was so impressed with the explanations and examples offered in this book that for a while I mulled over having our school switch from our current texts (Mankiw’s “Principles of Macroeconomics” and Samuelson’s “Economics”) to this one.

But I soon thought better of it: the department would probably acquire a bad name in a big hurry if students were seen walking about with copies of a “Dummies” text under their arms as their official course text. And that would be bad for me.

But that’s how good it is. Too bad I’m so self-interested! Now the students will just have to slog through inferior texts.

Don’t think you’re getting a free lunch, though: there are graphs, models, and equations you’re gonna have to learn to wade through it.

But in my estimation, going through a layman’s course in both micro- and macroeconomics could not be made more painless than here, unless your needs are so casual that you’re looking to dispense with graphs and equations altogether.

In which case, good luck learning anything solid about economics!

Help other customers find the most helpful reviews 

Was this review helpful to you? Yes
No


71 of 72 people found the following review helpful:
4.0 out of 5 stars
A Good Introduction – But annoying at times…, December 24, 2005
By 
Michael Spitzer (New York City) – See all my reviews
(REAL NAME)
  

This review is from: Economics For Dummies (Paperback)

I got this book because I wanted to learn about the basics of economics and the multitude of terms associated with it. It did a very good job of explaining the major universal concepts of economics, and when the author did have to “dumb” parts down in order to avoid over-complications, he very clearly stated this, which I liked. The book certainly did not cover very advanced topics, and I did not expect it to. It gave a good simple framework on the basic principles, which is what I was looking for.

One of the things I did not like, which may be just because its part of the “for dummies” series, is that much of the book’s content says things like: “In this chapter, I’m going to talk about such and such” or “Please refer to chapter 10 to learn about such and such”. I just felt it got extreme at times and that these constant references detracted from the actual content at times. I also am not a fan of the constant joking in the text, especially when it comes in the middle of important content, but that just comes with the Dummies books I guess. If you can filter that out though, then I think this is a good introduction to basic economics and I got what I wanted from it.

Help other customers find the most helpful reviews 

Was this review helpful to you? Yes
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35 of 35 people found the following review helpful:
5.0 out of 5 stars
A great primer, September 20, 2006
By 
Dandy Fan (The Old North State) – See all my reviews

This review is from: Economics For Dummies (Paperback)

I bought this book as a primer for a micro economics class I’m taking for my MBA. It’s been a while since I took economics as an undergrad, and I needed a refresher. This book was great. At a high level, it introduced me to the concepts I needed to know to succeed:

- supply and demand

- utility maximizing consumers

- profit maximizing companies

- the relationship between marginal and average cost

- consumer and producer surplus

- deadweight loss

- profitability and competitive markets

If you need a high-level intro without lots of algebraic equations and stuffy writing, then this is the book for you.

Help other customers find the most helpful reviews 

Was this review helpful to you? Yes
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3 Responses to Economics For Dummies (For Dummies (Business & Personal Finance))

  1. Caraculiambro says:
    117 of 121 people found the following review helpful:
    5.0 out of 5 stars
    of the first water, May 6, 2007
    By 
    Caraculiambro (La Mancha and environs) –
    Amazon Verified Purchase(http://www.amazon.com/gp/community-help/amazon-verified-purchase', ‘AmazonHelp’, ‘width=400,height=500,resizable=1,scrollbars=1,toolbar=0,status=1′);return false; “>What’s this?)
    This review is from: Economics For Dummies (Paperback)

    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. Whoever wrote it (I don’t remember and I’m too lazy to scroll up and see) did a fantastic job. It’s really good!

    I confess that I was so impressed with the explanations and examples offered in this book that for a while I mulled over having our school switch from our current texts (Mankiw’s “Principles of Macroeconomics” and Samuelson’s “Economics”) to this one.

    But I soon thought better of it: the department would probably acquire a bad name in a big hurry if students were seen walking about with copies of a “Dummies” text under their arms as their official course text. And that would be bad for me.

    But that’s how good it is. Too bad I’m so self-interested! Now the students will just have to slog through inferior texts.

    Don’t think you’re getting a free lunch, though: there are graphs, models, and equations you’re gonna have to learn to wade through it.

    But in my estimation, going through a layman’s course in both micro- and macroeconomics could not be made more painless than here, unless your needs are so casual that you’re looking to dispense with graphs and equations altogether.

    In which case, good luck learning anything solid about economics!

    Help other customers find the most helpful reviews 

    Was this review helpful to you? Yes
    No

  2. Michael Spitzer says:
    71 of 72 people found the following review helpful:
    4.0 out of 5 stars
    A Good Introduction – But annoying at times…, December 24, 2005
    By 
    Michael Spitzer (New York City) –
    (REAL NAME)
      

    This review is from: Economics For Dummies (Paperback)

    I got this book because I wanted to learn about the basics of economics and the multitude of terms associated with it. It did a very good job of explaining the major universal concepts of economics, and when the author did have to “dumb” parts down in order to avoid over-complications, he very clearly stated this, which I liked. The book certainly did not cover very advanced topics, and I did not expect it to. It gave a good simple framework on the basic principles, which is what I was looking for.

    One of the things I did not like, which may be just because its part of the “for dummies” series, is that much of the book’s content says things like: “In this chapter, I’m going to talk about such and such” or “Please refer to chapter 10 to learn about such and such”. I just felt it got extreme at times and that these constant references detracted from the actual content at times. I also am not a fan of the constant joking in the text, especially when it comes in the middle of important content, but that just comes with the Dummies books I guess. If you can filter that out though, then I think this is a good introduction to basic economics and I got what I wanted from it.

    Help other customers find the most helpful reviews 

    Was this review helpful to you? Yes
    No

  3. Dandy Fan says:
    35 of 35 people found the following review helpful:
    5.0 out of 5 stars
    A great primer, September 20, 2006
    By 
    Dandy Fan (The Old North State) –
    This review is from: Economics For Dummies (Paperback)

    I bought this book as a primer for a micro economics class I’m taking for my MBA. It’s been a while since I took economics as an undergrad, and I needed a refresher. This book was great. At a high level, it introduced me to the concepts I needed to know to succeed:

    - supply and demand
    - utility maximizing consumers
    - profit maximizing companies
    - the relationship between marginal and average cost
    - consumer and producer surplus
    - deadweight loss
    - profitability and competitive markets

    If you need a high-level intro without lots of algebraic equations and stuffy writing, then this is the book for you.

    Help other customers find the most helpful reviews 

    Was this review helpful to you? Yes
    No

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