Econ101? Simple.

Some good news for those who have had to suffer the cost of educating their children at university. Just one part of the agony: the cost of textbooks, textbooks that are basic at best – no key to happiness or success. And worse, there are the more advanced textbooks to add to the burden of debt. Non-sufferers can savour their advantage.

In any case… For those interested in acquiring a solid grasp of the economics of the real world comes an offer that is much better than what the children have had to endure – a free text (PDF) on the Principles of Economics. And a high quality one at that, Principles of Economics from openstax.org. The printed version sells for US$38.50, which when compared with Mankiw’s or even Krugman’s text, nets a savings of how much? Yes, indeed. QED

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