ECONOMICS THROUGH EVERYDAY LIFE
From China and Chili Dogs to Marx and Marijuana
Issues addressed range from why economics matter and what economists do to how chili dogs can help explain marginal analysis, whether Social Security should be privatized, and how the field of economics evolves over time. Among the many other topics covered are government regulation, competition, monopolies, globalization, immigration, the Federal Reserve, welfare programs, health-care costs, and economic booms and busts, including the financial crisis of 2007–2008. Appendixes include a glossary and brief biographies of key economic thinkers.
9 and up