Gross domestic product, business cycles, Consumer Price Index, prime rate, terms we read in the newspapers but possibly don't fully comprehend. With humor, clarity, and a deft touch for simplifying complex ideas, Jacob De Rooy explains the basic concepts of economics in language anyone can understand. Written in accessible question-and-answer format, and divided into 26 concise articles, the book can be used in two read straight through as a short course in economics, or dipped into as a reference work. Throughout the text, anecdotal examples illustrate economic ideas in real-life terms. For anyone involved in the world of business, Economic Literacy will be an invaluable companion.
If I were to write a letter to this author I would say:
I read one of your books named Economic Literacy: What Everyone Needs to know About Money & Market, it was quite an interesting book I got to learn the basic understanding of the real world economy. I plan on taking business classes on college, Economic Literacy definitely basic basic ideas on the reasons why there is different minimum wages for different states.
Since this book was nonfiction there was no conflict or any kind of story, it was all facts and it taught the beginners like me about economics. The only concern I have for this book is that I wish this book was updated, this book was published in 1995 and was never updated.
The main thing I loved about Economic Literacy was that on almost every page it gave a real life questions and examples on how to solve it. My goal is to get hold a degree in M.B.A. reading this book made me pursue it even more. I thank you Mr. Jacob DeRooy for making economics fun and easy at same time.