An easy-to-follow introduction to how economics works—on Wall Street, on Main Street, and in our everyday lives.
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’ll learn how the US 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 climate change may transform the way our economy operates How the economy is measured, and more Most important, with this introduction, you’ll learn how our complex and dynamic economy affects the way we actually live our lives.
