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Economics, Politics, and American Public Policy (Paperback)
Loot Price: R1,113
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Economics, Politics, and American Public Policy (Paperback)
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In language that is understandable to non-economists, this work
introduces readers to the interrelationship of politics and
economics in America - how economics influences public policy and
how public policy can impact the economy. Readers learn how the
U.S. economy works (domestically and in its global connectedness),
how to measure economic performance, how government intervenes in
the market to influence economic performance and redistribute
resources, and how policymakers act to protect the public interest
in an economic system based on private interests. The author
provides historical background for contemporary problems. He
explains basic economic and policymaking concepts in an
issue-relevant context, with concrete examples inspired by ongoing
policy debates in Washington regarding production and employment,
commodity prices, Social Security and Medicare, budget deficits,
national debt, trade deficits, and more.
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