Economics matters. It determines everything from the price of this book, to how much your house costs, and whether or not you have a job. But it always seems quite hard to understand. What You Need to Know about Economics makes it easy, explaining: * What economic growth is and why it matters * How inflation happens * Why credit is important * How jobs are created and lost * How expensive your house is * What central banks do and how it affects the rest of us Cutting out the theory and concentrating on the kind of economics you need to know to do your job better and understand the world around you, you'll never look sheepish when someone mentions GDP and interest rates again.