Table of Contents

1 A Brief Economic History of the United States 2 Resource Utilization 3 The Mixed Economy 4 Supply and Demand 5 The Household-Consumption Sector 6 The Business-Investment Sector 7 The Government Sector 8 The Export-Import Sector 9 Gross Domestic Product 10 Economic Fluctuations, Unemployment, and Inflation 11 Classical and Keynesian Economics 12 Fiscal Policy and the National Debt 13 Money and Banking 14 The Federal Reserve and Monetary Policy 15 A Century of Economic Theory 16 Economic Growth and Productivity 17 Income Distribution and Poverty 18 International Trade 19 International Finance Glossary Index

About the Author

Stephen Slavin received his BA in economics at Brooklyn College, and his MA and PhD ineconomics at New York University. He taught for over 30 years at New York Institute of Technology,Brooklyn College, St Francis College (Brooklyn), and Union County College (New Jersey). His sixteen math and economics books include the bestselling All the Math You’ll Ever Need, and most recently, The Great American Economy: How Inefficiency Broke It and What We Can Do to Fix It. In addition, he has written two volumes of shortstories—To the City: with Love. His blog, commenting on current economic and political issues, appears onValuewalk.com. Perhaps Slavin’s greatest claim to fame is having run track in high school with Bernie Sanders, and having been his college roommate.