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Supply and demand is a basic necessity of economics used for setting price based on availability. This guide explains supply and demand in a manner that makes it easily comprehensible for a young adult and teen audience. From the simple cost of labor to how production affects the modern consumer, this guide is a must-read for any young economist.
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In the past twenty years, a far higher percentage of ordinary, middle-class Americans began investing in the stock market, either as individual investors or as part of retirement-related investment funds. Within a generation, investments have not only become a central component of the average family's income, but also an essential tool for its future planning-including saving for college, weddings, first house purchases, and retirement. This highly...
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Individuals need to become financially literate at an early age to be prepared to make sound decisions with money. In a fun way, this book explains how banks work, what they do with depositors' money, and how to grow one's money through interest and compounding. Readers will learn how the banking system and the Federal Reserve work together to stimulate the economy.
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Our economical output is channeled through goods or services. Any economy thrives through our constant need of both, whether it's our need to stock our refrigerators and furnish our homes, or to spend a nice night dining out and experiencing the finer things. This book explores the process of producing goods and services and how it affects our lives. Sidebars simplify concepts and support the main narrative.
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This insightful book explores the details of the supply chain, specifically the distribution of goods and services. From the origin of goods and services, as raw materials or laborers, to their final use by consumers, the path of distribution is described in straightforward language. Students learn about the four main marketing channels, merchant and functional middlemen, direct sales, retailing, wholesaling, transportation and business logistics,...
Author
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Description
Give readers the information they need to be smart shoppers and savvy consumers. From setting up a budget to shopping on the Internet-this resource covers all the buying basics. It's an accessible economic overview that is written in a friendly and inviting tone. Further discussions include an explanation of how banks work and how advertising affects the way we shop.
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