Economics. Easily explained.

Because everyone should understand the economics of everyday decisions. Because everyone should speak the language of economics.

At a time when Uzbekistan is carrying out large-scale economic reforms, this is a really relevant book. It explains economic principles in a simple way so that everyone can understand real events quickly and easily.

Zohid Askarov

Dean, Westminster International University at Tashkent

As a former career coach and human resources lecturer, I can recommend this book to anyone who has doubts about their professional development plan and ambitions: it’s fun to read, and easy to apply in practice!

Argjenta Plakolli

Country Partner, Riinvest College, Kosovo

The Armenian translation of "Common Sense Economics" is a very welcome addition to the rather sparse Armenian-language economics literature. Its very accessible language fills a gap of well reasoned and rigorous coverage of topics.

Gurgen Aslanyan

President, Armenian Economic Association

Get to know us

We are economists. We are teachers. We are educational administrators, marketers, editors and translators. We believe passionately that developing everyone’s understanding of economics can only be a good thing for individuals, for their communities and for broader national and regional stability.

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EFI News & Opinion

A Lesson in Basic Economics: Tom Buys a Car from Harry

Opinion · What a used car transaction can teach us about subjective value

T. Norman Van Cott · July 22, 2022

Common Sense Economics - a book for students and their grandparents

EFI News · Randall Filer took part in the presentation of the Armenian edition, at the American University of Armenia

Banks.am Portal · July 8, 2022

Meet Armenia’s next generation of Common Sense Economists!

EFI News · Over 100 students from more than 30 schools and universities across the country embraced the challenge.

Eleanor Hammond · July 4, 2022