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Economic Literacy: What Everyone Needs to Know About Money & Markets

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Title: Economic Literacy: What Everyone Needs to Know About Money & Markets
by Jacob De Rooy
ISBN: 0-517-88683-9
Publisher: Three Rivers Press (CA)
Pub. Date: 01 September, 1996
Format: Paperback
Volumes: 1
List Price(USD): $16.95
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Average Customer Rating: 5 (4 reviews)

Customer Reviews

Rating: 5
Summary: Excellent for those who've never read an economics textbook
Comment: I read this book right after ploughing through Mankiw's economics textbooks, and must say that "Economic Literacy" is an excellent book for illiterates on the subject of economics. There is no abstract and counter-intuitive math, and De Rooy covers most of the subjects found in the econ textbook that I read. One of the best aspects of this book is that the author will clarify econ concepts by giving simple, concrete examples of how said concepts work. Another usefull aspect of this book is that subtitles are in question form (Is inflation always linked to economic growth? Do wage rates influence employment? How does the Fed keep the banking system healthy?), allowing one to use the book as a quick reference if necessary. Overall, I think this is an excellent book as a standalone if one wants to learn about economics in general, knowledgeable terms. For the econ student, it may be helpful as an aid when the going gets rough (though, generally, study groups and visiting hours are much more effective...depending)

Rating: 5
Summary: Oustanding Intro to Economics
Comment: This book is a great intro to the fundamentals of economics. TDr Rooy has lucidly in a simple question answer format described a myriad of topics that make sense to the causal reader.

Chapters 5,6,7 were so much fun that I could hardly put the book down. Mind u that I never really did any course work in Economics, I am a computer science graduate.

I really loved the book. I thoroughly recommend it to an economics novice.

Rating: 5
Summary: Excellent book!
Comment: If you know nothing about economics, this is the best book to start with. It's easy to read and contains many real life examples. Having studied Economics in university, I still find this book fascinating due to its simplicity. A must have!

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