Simple Economics Part II
This book is for you if you think economics is like a game of snakes and ladders, that things happen pretty randomly in the market. You don't need to be a genius to understand the markets. Economics governs everything in the markets -- from the simplest of things like why banks would love to finance a consumer loan rather than anything else to timing a home loan. We move from the day-to-day things to slightly heady stuff when we think about stock volatality and why puts are costlier than calls. Even if investments are not your cup of tea, this book will bring a lot of good cheer.
Simple Economics Part I
Why is diamond costlier than water? Called the diamond water paradox, this issue is consideredimportant because water is more useful to mankind than diamonds, and yet the latter is costlier. Since the terrorist attack on the US, many central banks have cut interest rates to trigger economic growth. My friend wonders whether a rate cut will help improve the not-so-good economic growth in India. If these are the kind of questions you have, this ebook provides the answers.