Book by De Rooy Jacob
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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 ways: 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.
Jacob De Rooy (1941–2011) was an economics professor at Penn State Harrisburg for 33 years. He published several academic works as well as Economic Literacy: What Everyone Needs to Know About Money and Markets.
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