Lessons for the Young Economist

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It's the young adult's duty to learn basic economics. Why? Because we live in a society with an activist government. Beyond that, it's an interesting study and will help you make decisions in your personal and professional life. If those sound like compelling reasons, then you're ready for this book. If you don't really understand those reasons, then you need this book. A beginning textbook for classical, Austrian economics, the course has four parts: foundations, an examination of Capitalism (a market economy), the theory and history of Socialism, and the realities of Interventionism (a mixed economy). Along the way, all the topics you would expect are covered: economic thinking; private property; division of labor/specialization; entrepreneurship; income, savings, and investment; supply/demand; profit/loss accounting; stock market; price controls; taxes; inflation; government debt; and the business cycle. Each chapter concludes with a lesson recap, listing of new terms, and a set of study questions. There is an excellent glossary. 412 pgs, hc. The Teacher's Manual follows the student text and features historical context, additional web links for the teacher, relationships between concepts in the text and terms found in mainstream economics textbooks, answers to the study questions, suggestions for additional study materials, sample tests and suggested activities. ~ Janice

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Lessons for the Young Economist Item #: 018701
Grades: 9-12
Retail: $22.00
Rainbow Price: $21.75

Lessons for the Young Economist Teacher's Manual Item #: 056273
Grades: 9-12
Retail: $22.00
Rainbow Price: $21.75

Click product title for product reviews, where available

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