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OverviewFrom the impact of rising gas prices to debates over free trade agreements, the workings of the economy remain a mystery to most, even as the demands on our economic resources increase. This volume presents a basic introduction to the national economy—how it works and how various political and business decisions affect it. Chapters one through four explain the concept of Gross Domestic Product, with an emphasis on supply and demand, long-term growth, and short-term fluctuations, resulting from such factors as interest rates and inflation. Chapters five through eight highlight the four basic sectors of the economy—businesses, households, the government, and the international arena—and how they interact. The national economy is the engine of growth for any country—whether it is a superpower with global reach or a small nation struggling to emerge from poverty. Every citizen is a participant in the economy, as they work to create income for their families, pay taxes, spend their earnings of products and services, or draw from government programs, such as welfare or Social Security. And yet the workings of the economy remain a mystery to most, even as the demands on our economic resources increase. Full Product DetailsAuthor: Bradley A. HansenPublisher: Bloomsbury Publishing Plc Imprint: Greenwood Press Dimensions: Width: 15.50cm , Height: 2.00cm , Length: 23.50cm Weight: 0.454kg ISBN: 9780313335419ISBN 10: 0313335419 Pages: 200 Publication Date: 01 April 2006 Recommended Age: From 7 to 17 years Audience: Professional and scholarly , Primary & secondary/elementary & high school , College/higher education , Professional & Vocational , Educational: Primary & Secondary Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsReviewsEconomic literacy is an essential condition for our democracy to work. Only an educated public can make sense of the myriad of economic issues that characterize our public debate, ranging from the collapse of private pensions to the impact of outsourcing on our job markets. This series constitutes a significant step towards the achievement of this goal. Written by eminent professionals and experienced practitioners, each of its seven volumes renders complex issues easy to assimilate without sacrificing nuance or controversy. Aimed at the general public, the authors succeed in bringing to everyday life the substance of most important economic agents and forces. -Jose R. de la Torre Dean, Alvah H. Chapman Jr. Graduate School of Business Florida International University Author InformationBradley A. Hansen is Associate Professor and Chair, Department of Economics, University of Mary Washington, where he has taught since 1995. He previously served on the faculty of Moorhead State University and as a senior teaching fellow at Washington University. He is the author of many articles, book chapters, research papers, and conferences presentations on economic policy and social welfare. Tab Content 6Author Website:Countries AvailableAll regions |
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