Deciphering Economics: Timely Topics Explained, 1st Edition

  • David E. O'Connor
  • Published By:
  • ISBN-10: 1440804117
  • ISBN-13: 9781440804113
  • DDC: 330
  • Grade Level Range: 9th Grade - 12th Grade
  • 376 Pages | eBook
  • Original Copyright 2014 | Published/Released December 2014
  • This publication's content originally published in print form: 2014

  • Price:  Sign in for price



Economics surround us, impacting the decisions people make as consumers, producers, workers, savers, investors, taxpayers, and voters. This guide offers a thorough and understandable overview of basic economic concepts and principles, providing building blocks for understanding the systems of economics in today's complex world. It then explores contemporary, economics-related topics, issues, and challenges that exist within local communities, the U.S. economy, and the global economyUsing language that is clear, precise, and accessible to high school and community college students as well as to general readers, the book covers microeconomic topics, macroeconomic topics, and international economics. It connects theory and practice as it examines how economic decisions are made and looks at the roles of the private and public sectors in achieving growth, stability, and employment. In addition, the author explores overarching trends in the global economy and the prospects for economic development in emerging nations and offers specific ways to locate other quality print and online resources on economics.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
List of Figures.
List of Tables.
Using this Reference.
Guide to Related Topics.
Timeline: Key Economic Events that Shaped the Modern Era, 1776–2014.
1: An Introduction to Economics.
2: The Basics of Economic Thinking.
3: Basic Economic Concepts.
4: Economic History and Economic Systems.
5: Microeconomic Topics.
6: Consumer Power and Behavior.
7: Businesses: The Basic Production Unit.
8: Workers and Worker Power.
9: Governments Raise and Spend Money.
10: Macroeconomic Topics.
11: Growing the Economy.
12: The Financial System Promotes Economic Activity.
13: Promoting Economic Stability.
14: International Topics.
15: International Trade and the Global Trading System.
16: The Global Economy and Globalization.
17: Sustainable Economic Development.
18: Glossary of Selected Terms.
Common Abbreviations in Economics.
Selected Bibliography.
Key Economic Web Sites.
Index to Primary Documents.
Index to Economics in History.
General Index.
About the Author.