Economics shapes the world we live in, from the prices we pay for goods and services to government policies, international trade and financial markets. Understanding core economic concepts is essential for students, professionals and anyone interested in making informed decisions. This guide provides clear explanations of key microeconomic and macroeconomic terms, policies and frameworks, enriched with examples and practical applications.

Whether you are preparing for exams, enhancing your understanding of economic theory, or applying economics in real-world contexts, this guide will give you a solid foundation to succeed.