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R. Carmichael Company

Economics For Everyone 2011 Edition

Economics For Everyone 2011 Edition

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What a Deal: This is last years version of Economics For Everyone. The economic data in this book is only one year old and is still newer than most economic textbooks. The purpose of Economics for Everyone Basis Economics 2011 Edition is to provide the reader with an easy to understand description of the basic theories of economics, including the latest data available on the United States economy. An additional purpose is to examine the evolution of economic thought and the historical events that affected the economic growth of the world's industrialized countries, with particular emphasis of the United States. During specific times in its history, the United States was the envy of the entire world. In the nineteenth century, the Europeans recognized that the America approach was different. It was the Europeans, who originally coined the term the "American System." After World War II, the United States dominated the world in almost every aspect of global business, as they were clearly the world leader in manufacturing in both new product and new process development.
However, starting in the 1980's the rest of the industrialized world began to catch up and even surpass America in some sectors of manufacturing. During the 1990's there were many economists that were predicting that the European Union or Japan would overtake America and become the economic leader of the free world in the twenty-first century. However, these predictions neglected to estimate the importance of an invention by Intel, Inc. in the early 1970's. The invention was called the microprocessor and it was a catalyst for the strong comeback of American industry in the twenty-first century.
This is not a book about government, or industry, it is about the people, past and present that contributed to the current understanding of economic theory in an historical context. The major theories of micro and macroeconomics are discussed but the major emphasis is how these theories were developed and taught by those economists who invented them in the first place.
The book is available in both electronic and paperback formats. The electronic version is available from Ebookomatic.com. The book is also available in both the Kindle and eBook Readers format. The paperback version is available through Amazon.com. The book is published on a "print on demand" basis. This enables the book to be completely updated every year with the latest available economic data.The books Chapters are listed below:

NO CHAPTER TITLES

Part I. – Introduction to Microeconomics
1. The Economic Way of Thinking
2. Demand, Supply and Elasticity
3. Production and Costs

Part II. – Classical Economics
4. The Roots of Political Economics
5. The French Connection
6. The Foundations of Classical Economics
7. Finance and Banking (1800-1913)
8. The Evolution of Classical Economics
9. The Industrial Revolution
10. Neoclassical Economics
11. The Roaring Twenties – Prosperity and Depression

Part III. – Macroeconomics
12. Franklin Roosevelt and the New Deal
13. Keynesian Economics
14. National Income Accounting and Forecasting
15. Inflation and Monetarism
16. Ronald Reagan and the 1980's
17. National Debt and International Trade Deficits
18. Economics and Public Choice
19. Economic Growth and Employment

Part IV. - Money, Banking and International Economics
20. Money and the International Monetary System
21. The Battle of the Titans
22. The Twenty-First Century: The George W. Bush Administration
23. The Twenty-First Century: The Barack Obama Administration
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