Basics of Economics

This textbook traces the history of economics, explains the operation of the U.S. economy, analyzes economic choices and decisions, examines competing economic theories, and probes the impact of globalization on the world economy. O'Connor, who is a high school economics teacher, describes the various types of business organization, the role of workers and financial institutions, measures of economic growth, federal monetary policy, and current employment opportunities for economists. Annotation ©2004 Book News, Inc., Portland, OR

DAVID E. O'CONNOR is a nationally recognized economics teacher at the Edwin O. Smith High School in Storrs, Connecticut. He has also served as a College Board Consultant in Economics, President of the Connecticut Council for Social Studies, and Instructor at the Taft Summer Institute for Teachers. He has conducted over 100 teacher workshops and written 18 books and teacher's manuals in the fields of economics, ethnic history, and world history, including Basic Economic Principles (Greenwood, 2000), Demystifying the Global Economy (Greenwood, 2002), and The Basics of Economics (Greenwood, 2004).