Limited Offer (Ends Soon) - Get this book for just $2.99 (Regularly priced at $4.99). Read on your PC, Mac, smart phone, tablet or Kindle device. The Economics Guide Book For Basic Understanding of Economics Modern Economics' Ideas You Have to Know What Is Economics All About: Economics is defined as the social science whose purpose is to describe all factors that determine the production, distribution and consumption of certain goods and services. Naturally, not everyone is an expert in economy. However, we live in an age where a degree of economics knowledge is necessary in order to become more productive, or simply to realize what is actually going on in the world, as economics can impact every part of our life. This book will help anybody who wants to know more about economics for any purpose. Browsing online and looking for answers is simply not effective because results are either from sources that aren't reliable, or too complicated for us to understand. Proven Proofs & Staggering Ideas: This book teaches you all about economy, from the history of economic thought to the modern-day economy. Here you will find out how the modern economy is able to deal with scarcity, and you will also learn basic economic terms that you have always heard, but never knew what they meant. Additionally, the special chapter is dedicated to trade. There is more to trade than purchasing a desired object and paying for the service. Smart moves can make trade into a success, or they can break you. The answer to the question of to trade or not to trade will be found in this book. How Is Economy Affecting The World Today: Did you ever wonder if the world's economy is growing or if it's actually slowing down? Read this book to find out what is really going on, and what can governments do to stabilize the economy. If you have ever wondered why there is not enough money anymore. It would be easy just to print more, right? Well, that is unfortunately not possible. This book will help you understand money and you will learn everything about inflation. After all, inflation can lead to financial crisis and recession. You will also get to learn more about recession, what it actually is, what factors cause it, its types, effects, and possible prevention methods. What You're Going to Learn: Explain Definition of Economics The History of Economics How People and Societies deal with Scarcity Utilization of Scarce Resources for Maximum Happiness Trading Wisdoms in Today's Economy The Final Answer - Is Economy Going Into Recession? Much more!