How Economics Works

Economics is the discipline that claims to explain how the world works — how prices are set, why recessions happen, what determines wages, how trade creates wealth, why some countries are rich and others poor. DK’s How Economics Works presents the core concepts, the major schools of thought, and the most important debates of this discipline in the clear, visual, accessible format that makes DK’s reference series the most trusted in popular education.

From supply and demand through monetary policy, game theory, behavioural economics, and the economics of climate change, every major concept is presented with diagrams and visual explanations that make abstract ideas immediately comprehensible. Historical context — the Great Depression, the 2008 financial crisis, the pandemic economy — grounds every theoretical concept in real events.

The ideal economics education in a single accessible volume — essential for anyone who wants to understand the forces that shape their economic life. Published by DK.