In the lives of all of us, many economic phenomena occur everyday, but many of us are not always aware of what drive these phenomena, for example how money really works, how money acquires its value and purchasing power, why different places have different levels of prosperity, and how people value things and prioritize important activities in their lives.In this book, a special emphasis is given on the concept of money and its purchasing power. The concept of money and its purchasing power developed by the authors of this book gives us a new perspective of looking at money. It demystifies the mystery and vagueness about money, and gives us a simple and crystal clear understanding of its nature and its purchasing power.This book is for everyone who wants to understand economics from the very basics with clarity. This book will enable anyone not only to understand economics but also to use the economics concepts in life.Table of contents:1. Meaning of Economics: The Interactions2. The Beginnings3. Production: The Beginning of Economic Activities4. The Value of a Good or Service5. Exchange6. Money: Common Media of Exchange7. The Value of Money8. Banking9. Inflation10. ConclusionYou might want to buy this book and keep a copy in your home or office as a go-to economics reference.