Summaries and Customer Reviews are supplied by Amazon.com
Summary:
In the past decade of rapid change in the world economy, Randy Charles Epping's Beginner’s Guide to the World Economyhas been the most reliable tool for keeping track of what's happening. The third edition updates the information in previous editions and explains many new concepts.
What is the new economy? What is globalization? Is the euro the final seal on European Union? How is e-commerce transforming our world beyond economics? What is virtual money, and does it have real value? How do social concerns and societal ills (drugs, poverty, AIDS, endangered natural resources) play a part in the rapidly changing world economy. What are multinationals, and do they signal the end of nationalism? These and many other pertinent issues are concisely addressed in the most accessible primer for those who want to be economically literate (and who doesn't?).
Customer Reviews:
Average Customer Rating:
Great Read
Customer Rating:
I highly recommend this book. Has an indepth look at world economy from a vantage point. Great read.
Very Helpful Book
Customer Rating:
As an International Relations major in college, without much of a prior economic background, this book was a life-saver in understanding some of the dynamics of International Economics, theories, events, and the like. After reading this book for just a few hours, I could proudly define everything from hedge funds to globalization, which allowed me greater understanding of events on the news or in scholarly economic or political literature. Why take a an actual economics class, when this book offers just enough insight to make you a much more economically-informed citizen? Even if economics, global or not, isn't your forte?
Understanding at your finger tips.
Customer Rating:
If you want to understand the current issues about the World Economy, this is the book to buy. It does not cover the economic theory; there are other books for that. This one is easy and fun to read; especially when you hear the term in the news and understand them.
Best first book if you are curious about World Economy
Customer Rating:
This is an excellent book for a novice/beginner, who is trying to understand the basics and scope of the World Economy in plain english.
What the **** is a stock option?
Customer Rating:
Have you asked this question before? Or any innumerable other ones regarding business or economics?
Well, this is the book for you. Randy Charles Epping is not going to win the Nobel Prize for literature any time soon; but, he has produced an excellent book about what going on in the world economy. His non-jargon based explanations of everything from GDP to stock options to how the Federal Reserve works are enough to shine some light on the, often mystical, world of the Nightly Business Report. Epping answers 81 questions with succinct clarity.
While, I would not say this book is a must read, I would say that if you wanted to know what are this stuff was, you should pick it up.