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Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor tackles all the key questions and hot topics of both microeconomics and macroeconomics, including: Why do budget deficits matter? What exactly does the Federal Reserve do? Does globalization take jobs away from American workers? Why is health insurance so costly? The Instant Economist offers the knowledge and sophistication to understand the issues- so you can understand and discuss economics on a personal, national, and global level.

Additional Product Features Dewey Edition. Taylor, the managing editor of the Journal of Economic Perspectives , also adds a good dose of humor. We learn how markets work in the context of goods, labor, and financial capital and also about unregulated markets, including monopoly, the environment, and poverty; he notes that although these issues can attract democratic government involvement, such intervention can fail. He concludes with macroeconomics an overall view of the economy , with topics including economic growth, unemployment, and inflation.

The Instant Economist Audiobook | Timothy Taylor | abiwyzyhasym.cf

Taylor wants us to respect the power of market forces but understand where those forces fall short; he encourages a belief that government policy can be useful but, in some cases, can be useless or even counterproductive Show More Show Less. Add to Cart. Any Condition Any Condition. See all Compare similar products. Report item - opens in a new window or tab. Seller assumes all responsibility for this listing.

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The Instant Economist : Everything You Need to Know About How the Economy Works

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The perfect read for fans of Freakonomics , The Undercover Economist and Naked Economics , The Instant Economist offers the knowledge and sophistication to understand the issues - so you can understand and discuss economics on a personal, national, and global level. From the Teaching Company, producers of DVD and audio recordings of courses by academics, this handbook on economics is a readable, nontextbook approach on the level of an undergraduate introductory course.

Taylor sets out to teach us how economists think and begins with a microeconomics understanding of the economy the view of individuals. We learn how markets work in the context of goods, labor, and financial capital and also about unregulated markets, including monopoly, the environment, and poverty; he notes that although these issues can attract democratic government involvement, such intervention can fail. He concludes with macroeconomics an overall view of the economy , with topics including economic growth, unemployment, and inflation.

Taylor wants us to respect the power of market forces but understand where those forces fall short; he encourages a belief that government policy can be useful but, in some cases, can be useless or even counterproductive. This guide to the key principles of economics is an important source of information for many library patrons.


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Excellent book. Currently The Instant Economist is the most readable and up-to-date summary of a typical US college principles of economics course. Following the traditional table of contents--from microeconomics through macroeconomics and international topics--and using original, helpful metaphors and only two graphs , Taylor managing editor, Journal of Economic Perspectives takes the reader through the terminology, key concepts, and controversies dominant in today's economics profession. Noteworthy additions to the standard textbook canon are a chapter on personal investing and detailed accounts of the minimum wage, corporate merger, and inequality debates, introducing readers to the data issues that lie behind these controversies.

The 36 short chapters reflect the book's origin in the author's Teaching Company recording, Economics; however, the book is a valuable stand-alone option. For supplementary coverage of the history of economic thought and more complete institutional context, see Robert Heilbroner and Lester Thurow's Economics Explained 4th ed. Summing Up: Highly recommended. All levels of undergraduate students as well as general readers wanting a readable introduction to economics. Maier Glendale Community College. Taylor's managing editor, Journal of Economic Perspectives volume can help conversationalists looking to raise the bar for their watercooler chats and casual readers who want to understand better the current economic condition of the United States.

Taylor uses simple language with field-specific vocabulary to explain economic concepts, and each concept is successfully reinforced with a real-life-and usually entertaining-example. He hits all the subjects that might interest a layperson, such as division of labor, supply and demand, wages, competition and monopoly, inflation, banking, and trade, for a total of 36 petite chapters-just enough information to give the reader a basic but well-rounded understanding of the subject.