Understanding economics and the basic principles of the subject is essential for anyone interested in running a business or getting involved with changing the world works (as it currently involves economics and mass market consumption). When learning about economics, many different keywords and terms are required to memorize to help with understanding how various situations occur during business
. ventures including everything from merging with another company to handling the financial aspect of any company. Finding the proper resources on economics for dummies is one way to help with boosting one's knowledge of key factors and words to remember while learning about the subject. Different websites online feature full guides on economics including keywords as well as different sections of economics that are vital to keeping the current system in place. The official Dummies website features a free virtual "cheat sheet" on economics all on one page and free to view for anyone studying or learning about economics themselves (http://www.dummies.com/how-to/content/economics-for-dummies-cheat-sheet.html). Dummies includes the traditional four basic market structures from the "perfect competition" and having "monopolies" to understanding "oligopolies" and a "monopolistic competition" market. Additionally, Dummies offers information on identifying market failures, linking macroeconomics and government policies as well as finding various market equilibrium price and quantity details. Another online resource community for learning about new subjects including economics is Investopedia, which has multiple sections with full guides on the material (http://www.investopedia.com/university/economics/#axzz1hif1rfmK). Investopedia includes economics subjects ranging from a basic explanation on he subject to understanding demand and supply along with monopolies and perfect competitions that a business may face during marketing and growing the company altogether. All of the articles on economics from Investopedia are available for free and also in ".pdf" (portable document format), which are accessible by using Windows and Mac operating systems. Investopedia also includes a conclusion one explaining economincs in addition to sharing definitions of various economics terms including "gross earnings" to "ROI" (return on investments). http://www.dummies.com/how-to/content/economics-for-dummies-cheat-sheet.html or http://www.investopedia.com/university/economics/#axzz1hif1rfmK
