The Undercover Economist: The Economics behind Everyday Decisions (Blinkist Summary)

Look at your everyday life through the lens of an economist. In this audiobook summary, get an overview of economic systems and how they impact the decisions we make.

Introduction

• How economics shape your life

1. The Economics behind Everyday Decisions

• The simple choices you make everyday
• The maximum amount
• Good consumer habits
• Lack of information
• Accounting for social costs
• Restraints on economic development
• International trade

Conclusion

• The eyes of an economist