Richard E Carmichael Ph D

Economics For Everyone 2020 Edition Richard E Carmichael Ph D

Economics For Everyone 2020 Edition contains the most recent economic data available from the federal government, including Gross Domestic Product, The Money Supply and Employment data for 2019 and the President's 2021 Budget. The information is presented in easy to understand terms using both tables and graphs to inhance learning. The book also examines the evolution of economic thought and the historical events that have affected the economic growth of the world's industrialized countries. The major theories of micro and macroeconomics are discussed, but the primary emphasis is how these theories were developed and taught by those economists who invented them in the first place. The main purpose of the book is to see economics as a reflection of the world in which specific economic ideas have developed over time. Or to paraphrase Winston Churchill: If we disregard history we are bound to repeat it. Note: The 2020 Edition is current through April of 2020. With the economic changes caused by COVID-19 an update is planned for December of 2020.