World
Russia Cuts Off Gas to Ukraine (Jan. 1): In a dispute over pricing, state-owned company Gazprom reduces the flow of natural gas to Ukraine. The move affects exports to countries in Western…
World
Shiite Bloc Urges Prime Minister to Resign (April 2): Leaders of the Supreme Council for the Islamic Revolution in Iraq call on Ibrahim al-Jaafari to resign, citing his failure to form a…
Record of the Year“A Taste of Honey,” Herb Alpert and the Tijuana BrassAlbum of the YearSeptember of My Years, Frank Sinatra (Reprise)Song of the Year“The Shadow of Your Smile” (Love Theme From The…
Consumers: Buyers, Buyers EverywhereGDP and the Players ThreeIntroductionAll Together Now: C + I + GGDP Is “The Economy”Consumers: Buyers, Buyers EverywhereInvestment: Business Buys as Well as…
The International Monetary SystemInternational FinanceIntroductionAbout Foreign ExchangeEffect on Imports, Exports, and GDPTrade Deficits: Bad or Good?The International Monetary SystemThe Dollar and…
Three Economists and Their TheoriesOverview of EconomicsIntroductionWhat Is Economics and Who Cares?Will That Be Large or Small?A Firm BaseGetting Organized: Command, Market, and Mixed EconomiesThree…
Change Supply!Supply, Demand, and the Invisible HandIntroductionDemand: Wants, Needs, and Red MeatDemand Change!Back to the CurveSupply: You Want It, We Got ItChange Supply!Equilibrium: Mr. Demand,…
The World's EconomiesThe Global Market and Developing NationsIntroductionA Three Part World?The World's EconomiesProduction and Income ClassificationsA Worldwide Market?What Does the Future Hold?…
Why Incomes Are Becoming More UnequalWealth and PovertyIntroductionWhat Is Poverty?Who's Got How Much?Why Incomes Are Becoming More UnequalWhat's the Government's Role?Other Aspects of Wealth and…
