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A Beginner's Guide to the World Economy : Eighty-One Basic Economic Concepts That Will Change the Way You See the World| Media: | Paperback | | Author: | Randy Charles Epping | | Publisher: | Vintage | | Release date: | 01 May, 2001 | | List price: | $12.95 |
| Our price: | $10.36 that is 20% off! |
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| A Beginner's Guide to the World Economy : Eighty-One Basic Economic Concepts That Will Change the Way You See the World |
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Average rating:  |
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Informative, easy to read, interesting |
This is a nice little book to read in segments. The book is divided into 81 essays, each about 3 pages long, and each answering a question about the global economy. You can read 3 short pages and then set the book down.
The book is fairly comprehensive in approach, discussing a broad range of topics including international black markets.
Epping ascribes to Milton Friedman's monetary policy approach to controling inflation and economic growth through control of the money supply, interest rates, and the retention rates of lending institutions which controls the "multiplier effect" of money. This economic theory is reflected in his essays.
Epping also ascribes to David Ricardo's economic theory of comparative advantage which is the basis of NAFTA and free trade policy.
I found some of his best essays were related to economic development of the developing countries and how economic growth is tied into democratic processes.
This is not a heavy economics book. It is fun reading. |
| A Beginner's Guide to the World Economy : Eighty-One Basic Economic Concepts That Will Change the Way You See the World - Randy Charles Epping |
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A book for beginners that beginners can understand! |
| As I am taking my first class ever on Economics, which is focused on Microeconomics, this book comes in handy as a reference book where I can find a down-to-earth discussion of basic concepts that relate to Macroeconomics. It pretty much did for me in Economics what "The Wall Street Journal Guide to Understanding Money & Investing" did for investing. It is broken down in a chapter-like fashion, much in the style of the dummies guides and written in layman's tems by Mr. Epping, an American who holds a degree in International Finance from Yale, who has held management positions all over Europe and who is fluent in six languages. |
| Randy Charles Epping - A Beginner's Guide to the World Economy : Eighty-One Basic Economic Concepts That Will Change the Way You See the World |
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Easy to understand economics |
| I used this book with my children preparing for a debate on foreign trade. Easy to understand. Broken down nicely to find just the information you are looking for. Highly recommended! |
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