Economics Terms: Financial Education Is Your Best Investment

Basic Principles of Business, Consumer, & Trade Economics. History and Indicators of US Economy

By: Thomas Herold

Narrated by: William Bahl

Essential Economics Terms You Should Know
Few things affect the day-to-day lives of everyone more than the economy. Economics is a subject everyone should know at least a little about. How your country’s economy is doing directly affects you, even though you may not be able to see it.

Understanding the basic terms and definitions, so when the financial news comes on you won’t have to skip it because you don’t understand it. In this practical glossary, you'll learn about economics, including some of its foundational topics and concepts.

This glossary compiles a list of over 150 most common terms you’re likely to encounter. Every economic term is explained in detail, with clear and concise article style description and practical examples.

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs.

This Practical Economics Guide Helps You Understand:

• Microeconomics & Macroeconomics
• Keynesian & Classical Economics
• Business & Consumer Economics
• Basic Economics
• Principles of Economics
• Trade Economics
• Economic History

This dictionary with alphabetical order also covers schools of economic thought. Two of the most common are Classical and Keynesian. Economic indicators are reports that detail a country's economic performance in a specific area.

Make Economics Less of a Mystery
Taking time to understand the vocabulary can help you with your day-to-day life, eliminating confusion, and get better prepared for economic changes.

Get Smart with the Financial IQ Series
Please also have a look at other titles in this series. The Herold Financial IQ series covers all major areas and aspects in the financial world.

• Personal Finance, Real Estate, and Banking
• Corporate Finance, Investment, and Economics
• Retirement, Trading, and Accounting
• Debt, Bankruptcy, Mortgage, Small Business, and Wall Street
• Financial Laws & Regulations, Acronyms, and Abbreviations

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 Thomas Herold (P)2019 Thomas Herold

A wonderful guide

Absolutely above expectations. This is a wonderful guide to anyone who would like to develop their knowledge of economics!

In a nutshell, Economics is Avery wide told of discussion, with a lot of advantages. Knowing key economic terms, from supply and demand to econometrics and monetary policy, will help you understand more about the field. You will also give yourself more credibility when speaking about economic matters; and learning key terms can be a great way to study economics more broadly, and it can also help develop your skills of economic analysis.

Thomas Herold outlined this guide clearly and easy to understand with real-life examples. The examples given from daily life make the course very easy to understand and apply the concepts to my decision-making process. It is very up to date which makes it very interesting.

If you want to know more about economic terms, get this book!

Great guide to have

Being a person who wants to improve your knowledge about economics, you should be very familiar with some of the most common economic terms and concepts, and this guide is exactly what you need. The book is presented in a very simple way, clear, and concise

Thomas Herold compiles over 150 economic terms that are explained in detail with practical examples. Herold is one of my favorite authors when it comes to financial education. He never failed my expectation whenever he releases a book.

Whether you want to improve your studies or out of general interest, this book is for you.

Separate yourself from the "Average".

This author did an excellent job giving an easily understood introduction to anyone wanting curious about economics. This book feels like a "pre-course" because it doesn't get to I depth but more less open give you an understanding of what economics is and something everyone should know. I am looking to go back to school soon and know that economics will be one of my classes. I feel a little more prepared and less intimidated reading this book.

User-friendly

one of the most user-friendly introductions to economics out there - simple concepts in boxes and links between them

This was a perfect start for a beginner

This was a perfect start for a beginner like me. It gives a great overview of how economics works and also takes you through the various aspects of economics. I can say that it's been a superb experience learning from this. The information is concise and in detail. Thomas structured the course very well.