Economics Explained Everything You Need to Know about How the Economy Works and Where It's Going

ISBN-10: 0684846411

ISBN-13: 9780684846415

Edition: 4th 1998 (Revised)

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Description: In its fourth edition,Economics Explainedcontinues its announced purpose -- to explain that mysterious thing called economics. But there is a new urgency to the book. It is announced in the first sentence of the introduction: "Just in case the reader-to-be hasn't noticed, disturbing things are going on in the American economy these days." This new edition is about these disturbing things: a trend toward inequality of incomes, the appearance of a new "globalized" capitalism, the "specter" of inflation. As before, Robert Heilbroner and Lester Thurow treat these problems in language that seeks to make clear their causes and treatments. In this straightforward, highly accessible reference, Heilbroner and Thurow -- two of America's most respected and articulate economists -- offer all the economics essential for becoming an effective investor, a savvy business decision maker, or simply an informed member of society.

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Book details

List price: $15.99
Edition: 4th
Copyright year: 1998
Publisher: Touchstone
Publication date: 5/5/1998
Binding: Paperback
Pages: 240
Size: 5.75" wide x 8.75" long x 0.75" tall
Weight: 0.682
Language: English

Introduction
The Economic Background
Capitalism Where Do We Come From?
Three Great Economists
A Bird's-Eye View Of The Economy
The Trend of Things
Macroeconomics --The Analysis Of Prosperity And Recession
The Gnp
Saving And Investing
Passive Consumption Active Investment
The Economics Of The Public Sector
The Debate About Government
What Money Is
How Money Works
The Inflation Problem: I
The Inflation Problem: II
Fall Behind The Productivity Problem
Microeconomics --The Anatomy Of The Market System
How Markets Work
Where Markets Fail
A Look at Big Business
The Distribution Of Income
The Rest Of The World
Defending The Dollar
The Multinational Corporation
Where Are We Headed?
Appendix: How the Banking System Works
Index
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