Dear student,
We love economics. We have economic discussions, use economic arguments, and think economically every day. We apply economics in our lives, not only when choosing whether to refinance a loan but also when determining the strategies we'll follow for the success of a personal date or our marriage, to be good parents. Yes, we are indeed a bit quirky. That's why we will proceed here with a warning. If the thought that you too might become a little quirky gives you pause, Do Not Read This Book. Because once you are exposed to the economic way of thinking, there is no turning back - you will see the world through different eyes, and it will change you.
Is what you will learn here worth the effort? That is for you to judge. We consider economics to be something important. We need it to make better investments, but also to make better choices in our lives in general. Citizens of a democracy must be able to evaluate and judge issues of taxation, deficits, trade, political healthcare, and inflation. Do you, really, prefer to be ignorant or savvy voters? The economic way of thinking will help you understand everyday issues and explain them confidently to a third party.
We won’t lie to you: Economics can indeed get difficult. Of course, a minimal amount of valuable knowledge is easily acquired, and to truly understand economics, you will need to thoroughly grasp certain new tools and ideas such as supply and demand curves, marginal thinking, and equilibrium. However, we have made special efforts to remove as many details and unnecessary jargon from the book as possible. We will provide you only with what truly matters. And at the same time, we will make it fun. Don’t forget to check out the videos that can help you with the course content and entertain you even more.
Welcome to the world of economics.