Discover the ins and outs of the economy with this engaging, informative, and easy-to-navigate 2nd edition guide with all-new entries and updates.

Too often, textbooks turn the noteworthy details of economics into tedious discourse that would put even Joseph Stiglitz to sleep. This new edition of Economics 101 cuts out the boring explanations and instead provides a hands-on lesson that keeps you engaged as you explore how societies allocate their resources for maximum benefit.

From quantitative easing to marginal utility, this primer is packed with hundreds of entertaining tidbits and concepts that you won’t be able to get anywhere else. You’ll learn the basics on terms such as monopolies and oligopolies, game theory, inflation, price ceilings, and so much more. Have you ever wondered about the origin of banking or how banks create money? This book has all the answers.

Whether you’re looking to master major principles of finance or just want to learn more about why money matters, Economics 101 has all the answers—even the ones you didn’t know you were looking for.

About The Authors

Michele Cagan

Michele Cagan is a CPA, author, and financial mentor. With more than twenty years of experience, she offers unique insights into personal finances, from breaking out of debt and minimizing taxes to maximizing income and building wealth. Michele has written numerous articles and books about small business finances, investing, and accounting, including The Infographic Guide to Personal Finance; Real Estate Investing 101; Investing 101; Budgeting 101; Stock Market 101, 2nd Edition; and The Financial Recovery Workbook. In addition to her financial know-how, Michele has a not-so-secret love of painting, Star Wars, and chocolate. She lives in Maryland with her kid, dogs, cats, and koi. Get more financial guidance from Michele by visiting MicheleCaganCPA.com.

Alfred Mill

Alfred Mill has a deep interest in personal finance and economics. He is the author of Personal Finance 101, Economics 101, and Social Security 101.

Why We Love It

“Understanding economics can be intimidating, but Economics 101 makes the difficult concepts and theories of economics easy to understand and implement in daily life, so readers can stay in control of their own financial health.”

—Eileen M., Editor, on Economics 101, 2nd Edition