Demystifying Economics : The Book That Makes Economics Accessible to Everyone--Expanded Second Edition

Written in simple language and using concrete examples that relate economics to ordinary life, offers a lay-oriented survey of basic economics.

Dr. Allen W. Smith has devoted much of his adult life to the cause of trying to make economics accessible to everyone. He taught economics to college students for 30 years before retiring as Professor of Economics at Eastern Illinois University in 1998 to become a full-time writer. His first book, UNDERSTANDING INFLATION AND UNEMPLOYMENT, became an alternate selection of Fortune Book Club, and his high school textbook, UNDERSTANDING ECONOMICS, published by Random House, was used in more than 600 schools in 48 states. From 1990 to 1993, Smith wrote a widely-read syndicated column on the economy, and for the past five years, smith has written a weekly philosophical column, "Contemplating Life," which currently appears in 14 news papers. Smith holds a B.S. in Education degree from Ball State university and M.A. and Ph.D. degrees in economics from Indiana University.