Iima - day to day economics 

This book, Day to Day Economics, explains all the concepts and rules of economics to the readers in a way that is easy for them to understand. It is a useful book for those who have no previous knowledge of basic economic principles.The vagaries in a country’s economy affect the earning power of the common man, their spending power, the prices of goods, the employment conditions, the business conditions and so much more. Yet, not many people really understand the factors that drive a country’s economy. Day to Day Economics starts with an introductory chapter that provides a bird’s eye view of everything the book covers.The first chapter explains economic institutions, the different functions of the government and private sectors, the need to delineate which spheres one shall control and which spheres one shall be allowed to function in. The second chapter addresses government budgets and deficits and how it affects the common man. It explains the various aspects of the budget, taxation and budget deficits. The next chapter takes a look at stock markets and banks. It explains how fluctuations in the stock market affects the economy. It also goes into the functioning and governance of the banking industry.