Focusing on the principles of economic theory, this book demystifies the logic and language of economics while remaining engaging and accessible. It invites students to critically examine the unique perspective of academic economics and its broader impact on politics and culture, fostering a deeper understanding of economic literacy.
Tracing the economic machine of the United States from its first experiments in the colonies to the post-Great Recession era of today, Frederick S. Weaver creates a dynamic narrative of this country's progression through times of feast and times of famine. číst celé
This book explains the logic, language, and worldview of economic theory, including microeconomics, macroeconomics, and international topics. The book also has considerable descriptive material on the organization and performance of the U.S. economy. Explaining 'economics'_an academic discipline_is not the same thing as explaining 'the economy'_the processes of producing and distributing goods and services. The difference is crucial, because meaningful economic literacy requires the ability to think critically about the distinctive viewpoint proposed by academic economics, a viewpoint that has become dominant in contemporary politics and culture. A combination of economic theory and description is essential for understanding debates about current affairs, reading some professional economics literature, and reflecting on the usefulness and limits of the discipline of economics. These are ambitious goals for a short book, and while the book is serious, it is not grim_thus basic economics with an attitude.