Economics in Our Times (Revised Edition)
Economics in Our Times presents a comprehensive exciting relevant and fully integrated economics program for today's high-school student. Five themes recur throughout the Economics in Our Times Program: 1) Economics play a large part in local state national and world events and it is important for the well-educated student to understand this. 2) Economics consists not just of a list of topics (e.g. inflation unemployment monetary and fiscal policy etc.) or even a set of tools; essentially it is a way of thinking students can use to examine critically and understand more fully the world they live in. 3) The student who learns about supply and demand the role of prices opportunity cost costs and benefits externalities the law of diminishing marginal utility and much more that economics has to offer will never again look at the world in the same way;they will have a sharper focus. 4) Economics is presented as a truly social science that not only informs students of facts and issues they will encounter in the business world but also the ideas and issues they will deal with as citizens of the world. 5) Consumer economics should be a part of every student's education. Economics in Our Times takes the position that informed and responsible consumers sellers saver workers and employers don't just happen; they are educated to be who they are.
- 1999 West Publishing Company
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