What happens in a recession? How does money wo r k? Why do we pay taxes? Economics affects every aspect of our lives, fr om how we get to wo r k to wh ere we spend our money-a nd big economic ideas continue to shape the wo r ld.

Written in plain English, The Economics Book is packed with sho r t, pity explanations that cut through the jargon, step-by-step diagrams that untangle knotty theo r ies, classic quotes that make economics memo r able, a nd witty illustrations that enhance a nd play with our understa nding of economics.

Whether you're a beginner, a nd avid student, o r an armchair expert, you'll find plenty to stimulate you within this book.