A Beginner's Guide to the World Economy: Eighty-one Basic Economic Concepts That Will Change the Way You See the World

By Randy Charles Epping

Book Overview

In a time of rapid change in the world economy, this fascinating, concise, and user-friendly primer is the most reliable tool for keeping track of what's happening. What is the new economy? What is globalization? Is the euro the final seal on European Union? How is e-commerce transforming our world beyond economics? What is virtual money, and does it have real value? How do social concerns and societal ills (drugs, poverty, AIDS, endangered natural resources) play a part in the rapidly changing world economy? What are multinationals, and do they signal the end of nationalism? These and many other pertinent issues are addressed in an enlightening and entertaining handbook for those who want to be economically literate (and who doesn't?).

• Format: Paperback
• Language: English
• ISBN: 0375725792
• ISBN13: 9780375725791
• Release Date: May 2001
• Publisher: Knopf Doubleday Publishing Group
• Length: 256 Pages
• Weight: 0.47 lbs.
• Dimensions: 0.6" x 5.2" x 8.1"

Customer Reviews

Understanding at your finger tips.

If you want to understand the current issues about the World Economy, this is the book to buy. It does not cover the economic theory; there are other books for that. This one is easy and fun to read; especially when you hear the term in the news and understand them.

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.

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!

Easy-to-Understand Explanations

Wonderful book that in easy-to-understand, ordinary English explains how things work in the global economy. Now I understand the news stories and conversations I hear about the issues and events relating to the economy. I even understand the ways the things happening in the global economy affect me. It's short and so easy to read that I got through it without it being a chore. This is a good book for anyone who thinks they don't like "economics" but wants to understand how free trade, currency markets, international investing, off-shore banking, NAFTA, the WTO, and so on, all work.

This book is a must-have in any household.

Randy Epping does a magnificent job of speaking to the average person in the Beginner's Guide to the World Economy. Every newspaper, radio broadcast or television talk show addresses economic happenings around the world. There is so much to understand and this book is the perfect starting place to learn about the economic forces that drive our world. This book uses clear and concise examples and explanations, and specific topics are easily located. You will find yourself picking up this book again and again as world events unroll around you. This book is a must-have in any household.