Economy in Minutes (Book)

Economy in Minutes is a work by Niall Kishtainy belonging to the “Popular Science” and “Minutes” series. Presented under the subtitle 200 Core Concepts Explained Instantly, the book is a study that presents fundamental economic concepts alongside visual aids. It aims to summarize theories about how economies function and are managed.

The book’s subject is the basic functioning of the economy. It addresses fundamental questions such as what makes some people richer than others, why banks fail, how tax rates should be set, what criteria determine the price of a product, how economic crises arise, and what the economy essentially is. It also examines individual and institutional motivations, such as what drives a person to buy a new computer, an entrepreneur to establish a factory, or a worker to accept a job outside the city.

The themes explored in the book are organized around 200 core economic concepts. These include fundamental ideas such as the role of money or how the stock market operates, as well as issues that affect daily life such as unemployment, government debt, and taxation.

The work adopts a method of presenting 200 core concepts through concise and straightforward explanations using minimal technical terminology. The narrative is structured in sections, each headed by a concept and accompanied by a visual or explanatory diagram.