What? Economics a boring subject? Not when Orley Amos talks about it. He may be a professor of economics, but
Economic Literacy is anything but a dry, dull textbook treatise on economic theory. It's a delightfully entertaining exploration of the key economic issues, terms and fundamentals that affect our pocketbooks and shape our financial futures today.
In order to be economically literate, you don't have to have a degree in economics. But you do have to have an understanding of ther issues that contribute to the economic condition of the world today. Issues such as:
The national economy: Recession. Inflation. The Federal defecit. You've seen their names in the headlines. Find out the real story behind these newsmakers. Employment: Why are working women's wages hitting a glass ceiling - while athlete's salaries seem to shoot through the roof? Learn about these and other income-related topics. Global economy: Foreign trade, exchange rates and immigration are just some of the issues that shape the boundaries of our global village. Investing: Do you have to be an archeologist to find the best investments for your personal financial pyramid. The environment: Yes, pollution and global warming have an impact on not only our health, but on the economy as well. Taxes, Social Security, health care, gambling - and every other economic subject you've wanted to know about - but were afraid to ask.
One would anticipate yet another dry treatise with the appearance of this economics guide: not so. The focus here is upon creating important links between economic language and theory and the emerging issues guided by economic events: chapters provide a review of common issues and behind-the-scenes news which never gets to newspaper headlines. The tone is informative but very chatty, inviting non-economics to pursue issues. -- Midwest Book Review