Economy and Development

What is macroeconomics? What is inflation, and where does it come from? Who pays the price for inflation? Has China's economy rebounded? How can everyone learn to understand economics and discover its beauty? Using humorous language, engaging stories, and a distinctive historical perspective, this book helps readers uncover the economic thinking behind everyday phenomena and understand basic economic theories and concepts. With no dry theory or endless charts, it brings economics to life, helping us see the big trends in economic development and understand the real logic of a complex world.