[Review] Economics 101
Economics 101 by Alfred Mill is an introduction to the study of economics without the heavy jargon and confusing terminology of traditional economics textbooks. I had tried multiple times before to gain an understanding of economics such as demand and supply, and how monetary policies affects the economy but could never get past the first two or three chapters. Economics 101 caught my eye at the local library with its promise to "cut out the boring explanations" and help the reader "master the major principles of finance". I am glad to say that it delivered on its promise, at least in my opinion. Alfred Mill wrote Economics 101 in a friendly and personal way, with many applicable examples to illustrate economics concepts. For example, Alfred provides the following example to show how free trade creates wealth in the opening for the chapter on International Trade and Trade Barriers: "Wealth is nothing more than the collective value of all you own. In an...