Economic Literacy: What Everyone Needs to Know About Money and Markets

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9780517597378: Economic Literacy: What Everyone Needs to Know About Money and Markets
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With clarity, and a deft touch for simplifying a complex topic--in the tradition of the best-selling Innumeracy--Jacob De Rooy explains the basic terms and concepts of economics and proves that the only thing dismal about this science is the way it is usually taught.

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About the Author:

Jacob De Rooy, Ph.D., founded the Center for Economic Education at Penn State University's School of Business Administration, where he is on the faculty.

From Library Journal:

For those who still wonder at the "fairness" of charging interest for the use of money, the justification is nicely explained here. DeRooy, a director at Pennsylvania State University's School of Business Administration, explains all those economic concepts cited in the media with which readers may not be completely comfortable. He uses a question-and-answer format, loosely arranged in 26 articles, and illustrates many concepts more fully with personal vignettes. Easily read from cover to cover, this book can also be used as a reference tool; the index directs one to various terms that are boldfaced in the text, with summary explanations italicized and related articles indicated with a pointer. Despite the reputation of economics as the "dismal science," DeRooy has written a useful, gently humorous work that won't scare off the number-shy with an overabundance of statistics. Public libraries should welcome this.?Alex Wenner, Indiana Univ. Libs., Bloomington
Copyright 1995 Reed Business Information, Inc.

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