The National Economy

This volume offers a clearly written introduction to the American economy for non-economists, covering supply and demand, measures of economic performance like GDP, unemployment, and inflation, long-term growth, short-run fluctuations, and economic policy.

It describes the economic roles of businesses, households, the government, and the foreign sector, while touching on current issues like globalization and immigration.

The book includes sources of economic information, a chronology of events, and a glossary, making it suitable for general readers, high school, and college students.