Real World Economics: Set 3

This series explicates some of the most fundamental economic phenomena in terms easily comprehensible to struggling high school readers. Dispelling any sense of theoretical mystery or intimidating conceptual abstraction, these books succinctly demonstrate that economic processes are chains of cause-and-effect, something that can be conceptualized with the clarity and simplicity of a flow chart. Each book offers a nuts-and-bolts "diagram" of exactly how these economic phenomena, processes, mechanisms, and activities (such as depression, recession, inflation, globalization, deflation, stimulus plans, currency devaluation, trade deficits, imports and exports, the gold standard, commodities trading, and futures) work. Narrative examinations of actual historical examples help readers draw point-by-point connections between abstract principles and real-world events. Interesting sidebars and a full resource section are included in each book.