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Principles of Economics Essentials You Always Wanted To Know: A Beginner’s Guide to Demand & Supply, Consumer Behavior, Cost Structures & Macroeconomic Policies

Rate this book
Learn economics in a simplified mannerDiscover the ten guiding principles of economicsUnderstand the nuances of demand and supplyGain knowledge about different market structures with global examplesKnow everything about firm theories and cost structuresGet insights into macroeconomics and the role of aggregate demand


Economics simplified like never before

Get an all-encompassing guide to the world of economics

Principles of Economics Essentials You Always Wanted To Know is a complete yet compact for anyone wanting to learn the fundamentals of economics. It equips readers not only with theoretical knowledge but also practical tips and strategies. The book’s conversational tone and easy-to-understand language help readers grasp complex concepts with ease.

The book is especially beneficial for someone wanting to understand how the principles of economics can be applied to real-life decision-making in business, life, and policy making.

The complex concepts in this book are simplified to their easiest essentials and explained with practical examples from all over the world, which makes it suitable for students beginning to pursue the subject academically. On the other hand, the practical tips and usable explanations aim to benefit professionals looking to learn more about economics.

The quiz questions at the end of every chapter help readers test their knowledge. The book also includes readily usable downloadable templates for professionals in the field.

This book is part of the Self-Learning Management Series designed to help students, managers, career switchers, and entrepreneurs learn essential management lessons.

244 pages, Kindle Edition

Published July 18, 2024

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Displaying 1 - 16 of 16 reviews
272 reviews4 followers
May 20, 2024
Description
Learn economics in a simplified manner
Discover the ten guiding principles of economics
Understand the nuances of demand and supply
Gain knowledge about different market structures with global examples
Know everything about firm theories and cost structures
Get insights into macroeconomics and the role of aggregate demand
Get an all-encompassing guide to the world of economics Principles of Economics Essentials You Always Wanted To Know is a complete yet compact for anyone wanting to learn the fundamentals of economics.

It equips readers not only with theoretical knowledge but also practical tips and strategies. The book’s conversational tone and easy-to-understand language help readers grasp complex concepts with ease.

The book is especially beneficial for someone wanting to understand how the principles of economics can be applied to real-life decision-making in business, life, and policy making.

The complex concepts in this book are simplified to their easiest essentials and explained with practical examples from all over the world, which makes it suitable for students beginning to pursue the subject academically. On the other hand, the practical tips and usable explanations aim to benefit professionals looking to learn more about economics.

The quiz questions at the end of every chapter help readers test their knowledge. The book also includes readily usable downloadable templates for professionals in the field.

This book is part of the Self-Learning Management Series designed to help students, managers, career switchers, and entrepreneurs learn essential management lessons.

My Take:
This resource serves as an excellent beginner's guide to economic theory. Although there are quizzes at the end of each section, true understanding is only evident when these concepts are applied in real-life situations. I would primarily recommend this book to self-learners, followed by other study groups.
11 reviews1 follower
December 13, 2024
Principles of Economics Essentials is a perfect guide for anyone who wants to learn the basics of economics. The book is very straightforward and engaging in the presentation of the most complex concepts of economics. The book sets a solid foundation in basic principles of economics, including supply and demand, market dynamics, and firm theories, making it the best book for anyone from beginners to refreshing their minds with the subject.

The book's examples, particularly the global ones, are especially helpful in making theoretical concepts come to life. The authors don't just explain concepts abstractly; they illustrate them with examples from different parts of the world, making it possible for readers to see broader implications of economic decisions. This global approach is crucial for professionals or students who wish to understand economics beyond the classroom.

What makes this book unique is its balance between theory and practical application. The principles discussed are not just theoretical but are connected to real-life decision-making. Whether it's business, policy, or life in general, this book provides insights into how economic principles can be applied practically.

Quizzes at the back of each chapter allow one to test and reinforce his learning. The downloadable templates for application of economics in real-life workplaces are also offered. This book is meant for students, managers, career changers, as well as entrepreneurs who aspire to master the essentials in economics in a practical and compelling manner.
13 reviews3 followers
December 13, 2024
Principles of Economics Essentials provides a simplified yet comprehensive approach to learning economics. The authors have broken down complex economic principles into digestible chapters that are easily understood by beginners. With clear explanations and real-world examples, the book brings theoretical concepts to life. Its conversational tone makes learning enjoyable even for those who have not studied economics before.

The book takes on key topics such as supply and demand, market structures, cost structures, and macroeconomics. Every principle is taken to its practical applications, so it's not only a theoretical guide but a tool for decision-making in business, life, and policy. The authors successfully bridge the gap between academic economics and practical everyday use.

One of the standout features of this book is its focus on global examples. Whether you're learning about market dynamics in the United States or exploring economic strategies in Asia, the diverse examples make the content more relatable. This global perspective enhances the book's value, making it applicable to readers from different backgrounds.

Quizzes at the end of each chapter really serve as an excellent way of cementing the knowledge obtained. Additionally, the templates available for download for those seeking to put the theories to practice are very helpful in this regard. It is therefore very appropriate for students, professionals, and anyone seeking to learn economics in the most simple terms.
27 reviews
May 20, 2025
Principles of Economics Essentials is a perfect guide for anyone who wants to learn the basics of economics. The book is very straightforward and engaging in the presentation of the most complex concepts of economics. The book sets a solid foundation in basic principles of economics, including supply and demand, market dynamics, and firm theories, making it the best book for anyone from beginners to refreshing their minds with the subject.

The book's examples, particularly the global ones, are especially helpful in making theoretical concepts come to life. The authors don't just explain concepts abstractly; they illustrate them with examples from different parts of the world, making it possible for readers to see broader implications of economic decisions. This global approach is crucial for professionals or students who wish to understand economics beyond the classroom.

What makes this book unique is its balance between theory and practical application. The principles discussed are not just theoretical but are connected to real-life decision-making. Whether it's business, policy, or life in general, this book provides insights into how economic principles can be applied practically.

Quizzes at the back of each chapter allow one to test and reinforce his learning. The downloadable templates for application of economics in real-life workplaces are also offered. This book is meant for students, managers, career changers, as well as entrepreneurs who aspire to master the essentials in economics in a practical and compelling manner.
12 reviews1 follower
December 13, 2024
It's an ideal guide for anyone having trouble understanding economics. The authors break down the most important economic principles into easily understandable sections. From supply and demand to macroeconomic theories like aggregate demand, this book simplifies complex concepts and presents them in an engaging and relatable way.

Each chapter is carefully structured to cover key economic principles in depth, using practical examples from different parts of the world. This helps to bridge the gap between theory and practice, making it easier for readers to see how these principles apply in real-life situations. Whether you’re learning about market structures or cost theories, you’ll find the content accessible and engaging.

The quizzes at the end of each chapter are a valuable tool for reinforcing your learning. They provide a way to test your understanding and ensure you’re retaining the material. Additionally, the downloadable templates make it easy for professionals to apply the economic principles in their work, offering a practical resource for business and policy decisions.

In summary, Principles of Economics Essentials is an excellent source for anyone seeking to grasp the basics of economics. The simplicity, examples with a global scope, and real-world application make it a fantastic source for students and professionals. This book will give you all that you need whether you are a newcomer to the study of economics or merely require a refresher.
12 reviews1 follower
December 13, 2024
Principles of Economics Essentials is an excellent tool for any individual coming from outside economics. The authors take the most basic principles of economics and explain them in a very simple, straightforward way. Each chapter takes one different concept-which include concepts like demand and supply, market structures, and firm theories-then proceeds to give the concept its international examples that will help it sound not so dry.

What really separates this book from others is that it is practically focused. It does not just present theoretical knowledge but ties the concepts into real-world applications. It shows how economic principles mold decision-making in business, government, and everyday life, giving the reader a more panoramic view of why economics is important.

The other great feature of the book is its self-learning ability. Quizzes at the end of each chapter will test your understanding and are perfect for those who study on their own. The downloadable templates are a great bonus for professionals who would like to apply economic concepts to their business strategies or policies.

Whether you are a student beginning your academic journey or a professional looking to enhance your knowledge of economics, this book is a clear, concise, and practical guide to mastering the subject. It's a must-read for anyone wanting to understand economics in a straightforward, easy-to-digest format.
11 reviews1 follower
December 13, 2024
This book is a master solution for those interested in economics without the hassle of feeling overwhelmed. Principles of Economics Essentials distills the complex economic theories into easy-to-understand lessons that will prove valuable to students and professionals alike. Practical examples and accessible language play down the subject matter.

Key economic concepts like demand and supply, market structures, and cost theories are very well explained with the support of ample real-world applications, which help readers understand how these principles shape the global economy. The authors have broken down even the most abstract concepts, such as aggregate demand and macroeconomics, to manageable chunks so that readers do not get lost in them.

What makes it different is the real application of this book. The author does not just present or give out theoretical knowledge; she shows how these economic principles are applied in various markets around the world. This practically focused book ensures that when readers close the book, they can immediately start thinking about their everyday decisions in business or policy-making areas.

Every chapter ends with quizzes to test your understanding, so you can track your progress easily. The downloadable templates further help readers apply their new knowledge in professional settings. Whether you are a student, an entrepreneur, or a policy-maker, this book provides all the essentials you need to master economics.
138 reviews
April 23, 2024
I received a free ARC from NetGalley, and this review is voluntary

Economics 101 on steroids

Provided within is an introduction to Economics, covering topics such as supply and demand, elasticity, consumer behavior, and markets. This literature is also updated for the modern times, discussing topics in brief such as the platform economy, and the affect of the pandemic.

What's evident throughout the text is the strong foundation of each operating definition before the material is discussed in each chapter. It provides the reader with a better understanding of the select topic, and the rest of the chapter highlights examples and practical applications.

The author does well in not only simplifying the material for the average person, but also provides realistic examples we encounter on an almost daily basis. This allows for the material to be learned in a way that makes sense because it's personalized, or it's discussed in a way we can understand based off of our existing experience. It's not always easy to understand a topic like that economics, but if it's explained in a way that we're familiar with, it certainly helps, and the author did an amazing job at bolstering the basics.
12 reviews1 follower
December 13, 2024
The Principles of Economics Essentials provides a straightforward approach to understanding fundamental economic principles. Whether you are studying economics for the first time or want to brush up on your knowledge, this book breaks down tough ideas into smaller chunks that are easy to understand. Clear language and examples are used to describe core principles like market dynamics, supply and demand, and cost structures.

One of the strengths of this book is the use of global examples. The authors draw from economies all over the world to explain how economic theories are applied in other contexts, making the material more relevant and engaging. This global perspective is very helpful for those who want to understand how economic decisions affect international markets.

To improve the learning, the book provides quizzes at the end of each chapter and also allows the reader to test what he or she has learnt. In addition, this book provides downloadable templates on how to apply these concepts in businesses. Overall, this book is a tremendous resource for any person looking forward to learning economics in simple and practical ways.
12 reviews1 follower
December 13, 2024
Principles of Economics Essentials is a comprehensive and accessible book for anyone looking to learn economics. The authors make the subject very accessible through a structured approach to topics such as supply and demand, market structures, and cost theories. Its simple language and real-life examples will make complex ideas easier to understand for both students and professionals.

The book shines with the practical application of economic principles. The authors, by use of global examples, make clear how economics drives decisions in business and policies all over the world. A focus on real-world application has allowed readers to understand better why economics is relevant to daily life and work-life in bridging the gap between theory and practice.

The quizzes at the end of every chapter are excellent to solidify the concepts, while the downloadable templates act as a useful tool for professionals, making this book not just a learning material but a practical guide to applying economic principles in a myriad of settings. Therefore, anyone looking to master economics needs to read Principles of Economics Essentials.
11 reviews1 follower
December 13, 2024
Principles of Economics Essentials offers a well-organized, simplified approach to understanding economic principles. The authors do an excellent job of distilling complex topics like demand and supply, market structures, and firm theories into clear, easy-to-follow explanations. This makes it perfect for beginners or anyone who finds traditional economics texts too dense or technical.

The uniqueness of this book is in the practical application of its economic concepts. The authors don't just focus on theory but also provide real-life examples from a variety of global contexts. This makes the material more relatable and helps readers understand how economics plays a role in daily life and business decisions, regardless of location or industry.

Each chapter also includes quizzes that will help the readers test their understanding. To make the learning experience all the more practical, it provides downloadable templates that are apt for professionals who wish to apply economic concepts in reality. This book is one of the best resources for grasping economics in a very simple and practical way.
28 reviews
May 20, 2025
Principles of Economics Essentials is a comprehensive and accessible book for anyone looking to learn economics. The authors make the subject very accessible through a structured approach to topics such as supply and demand, market structures, and cost theories. Its simple language and real-life examples will make complex ideas easier to understand for both students and professionals.

The book shines with the practical application of economic principles. The authors, by use of global examples, make clear how economics drives decisions in business and policies all over the world. A focus on real-world application has allowed readers to understand better why economics is relevant to daily life and work-life in bridging the gap between theory and practice.

The quizzes at the end of every chapter are excellent to solidify the concepts, while the downloadable templates act as a useful tool for professionals, making this book not just a learning material but a practical guide to applying economic principles in a myriad of settings. Therefore, anyone looking to master economics needs to read Principles of Economics Essentials.
12 reviews1 follower
December 13, 2024
Principles of Economics Essentials is an excellent entry point for any individual looking to learn economics without the jargon. Key concepts like demand, supply, market structures, and cost theories are simplified for the reader to digest easily. Its approachable style does not make learning about economics a nightmare.

From the study of macroeconomics to firm theories, a variety of topics have been incorporated while setting them on a foundation in the real-world context. In this respect, all the concepts can be linked back to how economics work out of the classroom into everyday business and public policy decision-making. This book can prove to be of value for those looking to take the application of economic principles to everyday life or job roles.

The book is a comprehensive, yet simplified guide to economics with quizzes at the end of each chapter and downloadable templates for professional use. It goes beyond theory to offer valuable resources for reinforcing knowledge and applying it. Whether you are a student or a professional, this book is a must-read.
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312 reviews
December 6, 2024
The Book - "Principles of Economics Essentials" is a kind of guide book which helps in understanding the fundamentals of economics through suitable examples. Divided into twelve chapters and four sections, it highlights the crucial aspects of economics such as - ten principles of economics, market equilibrium, price mechanisms, theory of firm, price discrimination, fiscal policy and many more. This book makes economics simple and fun to learn for everyone. Each chapter is quite informative and engaging, with few multiple choice questions. The concepts are explained in a simple way for better understanding. It is a kind of well researched book, packed with practical tips. The language used is simple. Overall, I love the book.
10 reviews
December 13, 2024
The Principles of Economics Essentials is a simple approach to teaching economics. Even the most abstract concepts like macroeconomics and firm theory are made accessible because the authors break down the 10 guiding principles. Examples globally make the concepts easier to relate to.

The quizzes at the end of each chapter are a good way to check your understanding, and downloadable templates are practical tools for anyone working in business. It is a must-read for someone looking to grasp the basics of economics in a simple, engaging format.
194 reviews
July 24, 2024
For anyone who has never studied economics or forgotten what they knew, this is the book for you. Well written, easy to understand and using real life scenarios. It gives the reader a good grounding in the subject and an excellent launch pad for anyone for wishes to study the subject in much great detail.
Displaying 1 - 16 of 16 reviews

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