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.
Economic Literacy has provided my students with accessible information in a readable format. The author’s additions on Social Security, tax reform, and other crucial issues will be a great contribution to my students’ understanding of economics. I am looking forward to assigning the second edition. Thanks for a great text! (Avra J. Johnson, director of graduate programs, Minnesota State University Mankato Department of Political Science Minnesota State University,)
In this new edition , Weaver highlights the major economic concepts of micro- and macroeconomic principles at the undergraduate level. . . . The volume is written in a straightforward, nontechnical manner with notable historical context . . . An excellent read for those seeking a casual overview of introductory economics. Highly recommended. (CHOICE)
Clear, concise, and witty enough to keep students reading, Economic Literacy is perfect for my politics courses in which basic economics is a necessary prerequisite rather than the focus of the class. (Alexandra Guisinger, University of Notre Dame)
- Author(s): Frederick S. Weaver
- Number of pages: 284 pages
- ISBN-10 : 0742554295
- ISBN-13 : 978-0742554290
- Publisher : Rowman & Littlefield Publishers; 2nd Edition (September 27, 2006)
- Language: : English
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