The Everything Economics Book

From theory to practice, your complete guide to understanding economics today. Economics is perceived to be one of the most challenging and complex fields of study. This title helps readers learn how the economy works. It presents the information on how the economy operates to the Great Recession of 2007-2009 and how the implications of global climate change may transform the way our economy operates. The Dismal Science. The Worldly Philosophy. The Science of Scarcity. Most people think economics is one of the most challenging and complex fields of study. But with this book, it doesn't have to be! You will learn how the U.S. economy works in unbiased, easy-to-understand language. And you can learn it without the complex equations, arcane graphs, and technical jargon you'll find in most economic texts.

David A. Mayer and Melanie E. Fox explain:

• Why and how we trade
• How the government intervenes in markets
• Unemployment and inflation
• Supply and demand
• Competitive, financial, and foreign exchange markets
• How the economy is measured

You will also learn about the causes and fallout of the recent recession and how global climate change may transform the way our economy operates. Most important, with this introduction, you'll learn how our complex and dynamic economy affects the way we actually live our lives.

Pages: 304

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