Economics is one of the most relevant and interesting subjects to study. It is vital for managerial decision making, for designing and understanding public policy and for appreciating how a modern economy functions. By solving the problems in this book, readers will understand better microeconomics and macroeconomics issues, as well as economic phenomena in everyday life. In this regard, I wish readers success in solving these problems.

Wiegand Helmut Fleischer, PhD. Lucian Blaga University in Sibiu. Date of birth: 27th of March, 1976. Place of birth: Hermannstadt/Sibiu.