This practical glossary contains over 150 most commonly used economic terms and definitions in alphabetical order.

Essential Economic Terms You Should Know

Available as Kindle, Paperback and Audio Edition.

Essential Economic 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 book compiles a list of over 150 most common terms you’re likely to encounter.

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.

Economics Terms Includes Terminology From:

  • Microeconomics
  • Macroeconomics
  • Development
  • Econometrics
  • Finance/Investment/Strategy
  • Economics History

Every economic term is explained in detail, with clear and concise article style description and practical examples.

This dictionary 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.

Listen to this Audio Book Sample

‘Great Source of Information’

Even though I did know nothing about Economics, Herold made it quite clear and fun way to learn. Thats very interesting topic. Economics is important in our lives. its something we deal everyday. This course is more like a personal interest for me but definitely very helpful for my daily life as well. Thank you for delivering this to us Thomas Herold. Cannot wait to listen more lectures.

‘Good Explanation and Expression!’

This was a very good audio book for beginners. Hopefully, there will be more intermediate and advanced courses in the future. The tutor was very clear throughout the lectures with good explanation and expression. The sound quality throughout the audio book was excellent. Overall, I highly recommend this course to all of you and if the standard is the same with his other courses, I think you will thoroughly enjoy throughout. Many thanks.

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