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Small business owners, entrepreneurs, and many managers and engineers involved in the development, production, sales, marketing, or distribution of products all need a basic understanding of economics. Yet most struggle with economic concepts and are ill equipped to make good economic decisions at work or to manage their own economic lives effectively. Even many highly experienced and financially trained professionals struggle with economic concepts and how to apply them.\n\u003cbr\u003e\u003cbr\u003e\nThis problem stems from the fact that the vast majority of books and courses available on economics are too heavily entrenched in complex unproven academic theory, political ideologies, and myths rather than proven historical facts. These other books also have little to no practical, real-world application.\n\u003cbr\u003e\u003cbr\u003e\n\u003cb\u003eSimplified Real-World Economics\u003c/b\u003e, by financial guru and best-selling author Michael Thomsett, dispels the myths and explains microeconomics and macroeconomics in an easy-to-understand manner. Itâs supported by dozens of real-world examples from history and the authorâs own first-hand experience, giving it the authenticity that too many books lack.\n\u003cbr\u003e\u003cbr\u003e\nThis book is designed with the practical application of economic concepts in mind to help managers, engineers involved in product development, small business owners, and entrepreneurs make better professional decisions. In addition, it will also help readers more effectively manage their own economic lives. |
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