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Economics: A Self-Teaching Guide Paperback – August 5, 1999

ISBN-13: 978-0471317524 ISBN-10: 0471317527 Edition: 2nd

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Product Details

  • Paperback: 272 pages
  • Publisher: Wiley; 2 edition (August 5, 1999)
  • Language: English
  • ISBN-10: 0471317527
  • ISBN-13: 978-0471317524
  • Product Dimensions: 9.2 x 7.5 x 0.7 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (27 customer reviews)
  • Amazon Best Sellers Rank: #368,988 in Books (See Top 100 in Books)

Editorial Reviews

From the Back Cover

Economics Made Easy Economics: A Self-Teaching Guide is back in a new and revised edition to help you teach yourself introductory economics quickly and painlessly. Using the most up-to-date information, this new edition gives you a clear picture of the way our economy works. Essential math and analysis skills are presented right at the beginning, so you can understand principles and equations from the start—without a lot of struggle. Whether you use it as an introduction, a review, or a supplement to other materials, Economics: A Self-Teaching Guide, Second Edition is the perfect resource for anyone exploring basic economics. In clear, easy-to-follow language, Steve Slavin covers every aspect of the U.S. economy, including a historical review, resources, macro- and micro-economics, gross domestic product, the economic sectors, inflation and unemployment, fiscal policy, banking and monetary policy, economic theory, supply and demand, and much more. To help you to gauge your understanding of the material, exercises are provided throughout the book and a self-test at the end of each short section sums up all you have learned. With the help of Steve Slavin, economics is no longer a mystery—it’s a fascinating realm of exploration and discussion.

About the Author

STEVE L. SLAVIN, Ph.D., is Associate Professor of Economics at Union County College in Cranford, New Jersey. He has also taught at Brooklyn College and at the New York Institute of Technology.

More About the Author

Steve Slavin, Ph.D., is Associate Professor of Economics at Union County College, Cranford, New Jersey. He has written over 300 newspaper and magazine articles, and is the author of four other books, including All the Math You'll Ever Need: A Self-Teaching Guide and Economics: A Self-Teaching Guide, both published by Wiley.

Customer Reviews

4.4 out of 5 stars
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The book also is a very pleasant read without a text book feel.
Daniel Hurley
I am using this book for a foundational economics class in grad school, and I'm amazed at how easy it is to read.
South_County_Girl
A few days later I read the same four pages again and put the book away for good.
Jim

Most Helpful Customer Reviews

61 of 62 people found the following review helpful By Ron on April 8, 2003
Format: Paperback
I have read a few Economics books for beginner, but none came close to this one. In particular, I would like to point out several strong points that clearly put this book above all else:
(1) This book is systematic, clear, and concise. Most of all, everything the author explained is right to the point without any flowery illustrations that plagued most other economic books.
(2) It starts out with a brief look at the major economic events in the 20th century starting from the 30's, then it deals with Macroeconomics and then Microecomics. The concepts build on one another, so that you will always have a sense of how things are actually connected with one another. The examples are also very vivid and memorable.
(3) The questions that are provided at the end of each chapters are excellent in driving the concepts home.
For those of you who are thinking of buying a beginner's guide to Economics, this will certainly be my first choice!
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55 of 56 people found the following review helpful By Herbert Gintis on September 22, 2011
Format: Paperback Verified Purchase
I will discuss three useful books for beginners:

Sean Flynn, Economics For Dummies (Wiley, 2011)
Tom Gorman, The Complete Idiot's Guide to Economics (Penguin, 2003)
Steve Slavin, Economics: A Self-Teaching Guide (Wiley, 1999)

People often ask me what to read to learn the type of basic economic theory that is taught in university graduate and undergraduate courses. This is somewhat difficult because most writers for the general public have some sort of political axe to grind and present a one-sided version of the theory, or a complete alternative to the theory. I have nothing against such writers, but I will always suggest that readers also/instead of/before reading these political pleadings, find out what the general "received wisdom" is.

It may seem that there is no "received wisdom" that is shared by most economists, but this is not the case. Except in the area of macroeconomic policy, there are few disagreements. In the macroeconomic area, the standard models are pretty awful, but economic policy types have deeper problems: general models can show you the general direction of effects, but when there are offsetting directions, only quantitative evidence can supply a credible answer. For instance, increasing government expenditure to lower the unemployment rate may be offset by the effects of government debt on interest, inflation, and growth rates. Only careful attention to details can determine the net effect of the policy, and even this is subject to significant error. However, you cannot even begin to assess economic policy seriously unless you know basic economic theory.

The books reviewed here are basic starting points for gaining a facility in economic theory.
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40 of 40 people found the following review helpful By "godservant" on August 14, 2003
Format: Paperback
I am a Mechanical Engineer with a BSME and minor in Naval Science. My BSME studies required I take eight credits in Economics, in which I did well. But this book surpassed those studies in many ways by dealing straight-away with the basic concepts of world economy, practical theory, history, and practical application, in short... macro-economics; without bogging me down with excessive microeconomics. But ended well with an excellent rehash on microeconomics. The book reads fast for a study book, and the author is a refreshing writer, honest in opinion, but not over opinionated, of good humor. I answered all the questions in the back of each chapter. Felt like I took a no-sweat 3 credit cours. Now I'm ready to study economics in its many specialty subjects. Anyone who is considering economics study on a collegient level, should study this book first; then they'll know. I highly recommend this book.
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11 of 11 people found the following review helpful By Jim on November 2, 2010
Format: Kindle Edition Verified Purchase
I majored in economics long, long ago. It's a good thing the school doesn't know how much I've forgotten since then, or they'd probably want to revoke my diploma.

I was "discussing" an economics issue a while back and confused myself trying to remember some of the terminology and how a particular model was supposed to work. The next day I stopped by Barnes & Nobel to pick up a big fat economics book. I read about four pages and stopped. A few days later I read the same four pages again and put the book away for good. I just wasn't motivated enough to struggle through, one paragraph at a time. (Note: I got straight A's in my economics classes. With the right carrot dangling in front of me, I probably could have made it through the book, although it would have taken months, and there was no guarantee I wouldn't forget it all over again.)

Steve Slavin's book isn't like that. He covers the basics in a fairly entertaining manner using history and real life examples. He includes short quizzes at the end of each section, but at about the half way mark, I skipped right past the self tests and continued reading.

I read this on a Kindle and will keep Slavin's book in my Reference collection - I'm sure I'll want to refer back to it from time to time.

I just wish I could remember who I had that argument with a few months ago, now that I'm back up to speed on basic economics.
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11 of 11 people found the following review helpful By T. White on March 30, 2008
Format: Paperback
Very simple and easy to understand. This book is great for the MacroEconomics clep test. It gives an overview of MicroEconomics (about 25% of the book), but probably wouldn't be enough for a MicroEconomics clep. Definitely worth buying if you want a good basic overview of Economics.
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