The Everything Economics Book: From theory to practice, your complete guide to understanding economics today (Google eBook)

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Adams Media, Aug 18, 2010 - Business & Economics - 304 pages
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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 explains:

  • 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.

  

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Contents

What Is Economics?
1
Why Do We Trade?
9
Other Bases of Trade
16
Different Economic Systems
22
The Story of Money
29
M1 and M2
35
20
36
06
49
The Gross
129
My Job Go?
143
History of Banking Revisited
178
Economic Growth
199
How Economic Policy Affects
205
Securitization
211
Theory Versus Practice
217
Index
285

10
87

Common terms and phrases

About the author (2010)

David A Mayer earned his B.S. in Economics from Texas A&M University and his M.Ed. in Educational Psychology from the University of Texas at San Antonio.

Mayer has had an extensive career teaching economics to high school students. Since 2004, more than 400 of his students have earned college credit on the AP Economics exams.

In addition to his work in the classroom, Mr. Mayer serves as an AP Economics consultant for the College Board and is an AP Economics Reader and Table Leader for Educational Testing Service. He has also written several economics books and test preps.

Currently Mayer teaches AP Economics at the Winston Churchill High School in San Antonio, Texas. He maintains an interactive website to support AP Economics teachers (http://tw.neisd.net/webpages/dmayer/teacher.cfm) and acts as professional mentor to new AP Economics teachers.

Bibliographic information