This exercise book is developed for those students who study general economics course while being enrolled in non-economic study programs and schools. The book consists of 10 chapters summing up the basic spheres of economic theory. In principle the book covers the whole range of problems discussed in the general economics course. Each chapters of the book is divided into two parts. The first part of the chapter contains discussion points on chosen problems. These questions have such style and structure that in many cases they lead reader to discover certain economic phenomena by himself. The second part of the chapter contains specific problems to solve both by using calculations or logical reasoning. The approach used in the book combines theoretical knowledge with personal assumptions and reasoning of the student. This captivating approach leads to closer understanding of far more complicated real world issues and motivates finding possible solutions. The exercises are often accompanied with the real-world data presented in such way that the student has enough space to not only understand it but also give a correct interpretation. In number of cases the problems and issues discussed in the book do not have a single and the only possible solution. In this respect the close interaction between the teacher and student is necessary: the student needs to get feedback if his approach and logics is right or misleading. The aim of the book, however, is not only to find the right answer to questions and problems, but also to bring the student to understanding, that one issue may be viewed at from different viewpoints. This approach provides a complex view on economic reality. The book is primarily focused at economic phenomena of developing and transforming economies. However, in many cases parallels with developed economies are being provided. This gives the students possibility to understand the distinctions and similarities between the economic systems. One can conclude that all above mentioned facts make the book a good study material.