In simple language and with colorful graphics and amusing characters, this entertaining introduction to economics explains the basic laws of supply and demand,

Why do consumer prices and wages adjust so slowly to changes in market conditions? The rigidity or stickiness of price setting in business is central to Keynesi

With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 19

Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models b

Explains in simple terms the concept of supply and demand with examples of how prices are derived and the conditions that contribute to setting them up.