Economics 101

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A Crash Course in the Study of Production and Consumption!
Too often, textbooks turn the noteworthy details of economics into tedious discourse that would put even Joseph Stiglitz to sleep. Economics 101 cuts out the boring explanations, and instead provides a hands-on lesson that keeps you engaged as you explore how societies allocate their resources for maximum benefit.
From quantitative easing to marginal utility, this primer is packed with hundreds of entertaining tidbits and concepts that you won't be able to get anywhere else.
So whether you're looking to master the major principles of finance, or just want to learn more about why money matters, Economics 101 has all the answers—even the ones you didn't know you were looking for.

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The eighteenth century, also known as the Age of Reason, or the Enlightenment, saw a fundamental shift in the way people viewed their world. The year 1776 was especially important, for it not only was the year that Thomas Jefferson wrote the Declaration of Independence, but it was also the year that Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations was published.
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An embargo is a ban on trade with another country.
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Quotas are limits on trade
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