The Common Sense behind Basic Economics: A Guide for Budding Economists, Students, and Voters

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Author(s): Justin Vélez-Hagan
Publisher: Lexington Books
Year: 2015

Language: English
Pages: 162
City: Lanham, Boulder, New York, London

Contents......Page 6
Introduction......Page 7
Chapter One: Why is Economics So Difficult?......Page 11
Chapter Two: History Can Be Confusing......Page 14
Chapter Three: How We Make Economics Difficult......Page 22
Chapter Four: Man, That Ain’t True......Page 28
Chapter Five: Common Sense Economics Defined......Page 34
Chapter Six: Economies Come in All Shapes and Sizes......Page 36
Chapter Seven: Supply, Demand, and Tighty-Whiteys......Page 43
Chapter Eight: Where’d That Price Come From?......Page 51
Chapter Nine: Do Markets Fail?......Page 60
Chapter Ten: Entrepreneurship and Profits......Page 70
Chapter Eleven: The Business Cycle......Page 78
Chapter Twelve: Inflation......Page 84
Chapter Thirteen: Jobs......Page 95
Chapter Fourteen: The Greatest Economy Ever (Seriously, Ever)......Page 102
Chapter Fifteen: To Save or Not to Save, That is the Question......Page 108
Chapter Sixteen: Uncle Sam’s VISA Balance......Page 114
Chapter Seventeen: Do We Really Need Uncle Sam?......Page 120
Chapter Eighteen: Dollars and Common Sense......Page 131
Chapter Nineteen: The Global Economy......Page 137
Chapter Twenty: Current Issues in Economics......Page 147
References......Page 155
Further Reading......Page 158
Index......Page 159
About the Author......Page 162