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National Economy

Inbunden, Engelska, 2006

909 kr

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From the impact of rising gas prices to debates over free trade agreements, the workings of the economy remain a mystery to most, even as the demands on our economic resources increase. This volume presents a basic introduction to the national economy—how it works and how various political and business decisions affect it. Chapters one through four explain the concept of Gross Domestic Product, with an emphasis on supply and demand, long-term growth, and short-term fluctuations, resulting from such factors as interest rates and inflation. Chapters five through eight highlight the four basic sectors of the economy—businesses, households, the government, and the international arena—and how they interact. The national economy is the engine of growth for any country—whether it is a superpower with global reach or a small nation struggling to emerge from poverty. Every citizen is a participant in the economy, as they work to create income for their families, pay taxes, spend their earnings of products and services, or draw from government programs, such as welfare or Social Security. And yet the workings of the economy remain a mystery to most, even as the demands on our economic resources increase.Featuring graphs and charts, a glossary and timeline, examples drawn from the popular press, and sources of current data and information, The National Economy will provide readers with the tools to understand and interpret economic events, conditions, policies, and issues.

Produktinformation

Utgivningsdatum2006-04-01
Mått241 x 164 x 18 mm
Vikt456 g
FormatInbunden
SpråkEngelska
SerieGreenwood Guides to Business and Economics
Antal sidor200
FörlagBloomsbury Publishing Plc
ISBN9780313335419

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IllustrationsSeries Foreword by Wesley B. TruittPrefaceChronology of American Economic History1. The Market Economy of the United States2. Measuring the Performance of the American Economy3. Economic Growth4. Business Cycles5. Business and the National Economy6. Households and the National Economy7. Government and the National Economy8. The International Sector and the National EconomySources of Current Economic InformationGlossaryReferencesIndex

"[T]his volume provides a clearly written introduction to the structure and performance of the American economy. Hansen begins by using the basics of supply and demand to examine how markets work. After discussing measures of economic performance, including gross domestic product, unemployment, and inflation, Hansen covers issues of long-term growth, short-run fluctuations, and economic policy. The bulk of the text describes the economic roles of businesses, households, the government, and the foreign sector. Current controversies such as globalization and immigration are touched upon. The book also includes sources of current economic information, a chronology of important economic events, and a glossary. Primarily descriptive with economic terminology and theory employed sparingly, this book will be a useful resource for novice readers wanting an accessible introduction to the American economy. Highly recommended. General readers and all levels of undergraduate students." - Choice