Publisher's Synopsis
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
