Book Review: Basic Economics

Economics is a subject that affects all of our daily lives, yet most people don’t recognize how much it impacts every decision we make. Most associate economics with money but in fact, it goes well beyond simple financial matters. Economics is the study of how people use resources. Resources can be financial, intellectual, physical, natural or even something as simple as time. Economics impacts every subject and every decision, whether you’re considering how to invest your savings or deciding whether you should exercise or watch television. The effect is universal; most people just don’t understand it.