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

"This is an excellent guide that manages to presuppose almost no knowledge and yet bring the reader up to scratch in just 280 pages." (Independent.ie, December 2011)

"... clear and easy to understand... it does not shy away from technical issues... happy to explain complex concepts in a straightforward way." (Enlightenmenteconomics.com, March 2011)

"This excellent volume contains a pithy summary of the credit crunch." (Mail on Sunday, March 2011) George Buckley is Chief UK Economist at Deutsche Bank, and highly-regarded commentator on economic developments.

Sumeet Desai is an economics journalist and commentator.

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.