Deciphering Economics

This compact yet comprehensive guide provides a wealth of information that is timely easy to understand and relevant to the academic and civic lives of students teachers researchers and the general public.Economics surround us impacting the decisions people make as consumers producers workers savers investors taxpayers and voters. This guide offers a thorough and understandable overview of basic economic concepts and principles providing building blocks for understanding the systems of economics in today''s complex world. It then explores contemporary economics-related topics issues and challenges that exist within local communities the U.S. economy and the global economy. Using language that is clear precise and accessible to high school and community college students as well as to general readers the book covers microeconomic topics macroeconomic topics and international economics. It connects theory and practice as it examines how economic decisions are made and looks at the roles of the private and public sectors in achieving growth stability and employment. In addition the author explores overarching trends in the global economy and the prospects for economic development in emerging nations and offers specific ways to locate other quality print and online resources on economics.