Program Reviewers

Academic Consultants

Jean Caldwell, Professor Emeritus

Department of Economics University of Central Oklahoma Edmond, Oklahoma

Adhip Chaudhuri

Department of Economics Georgetown University Washington, D.C.

W. Michael Cox

Senior Vice President and Chief Economist Federal Reserve Bank of Dallas Dallas, Texas

Suzanne Allen Gulledge

Associate Director School of Education University of North Carolina Chapel Hill, North Carolina

Douglas Kinnear

Department of Economics Colorado State University Fort Collins, Colorado

Bonnie T. Meszaros

Center for Economic Education and Entrepreneurship University of Delaware Newark, Delaware

David Ramsour

President, Texas Council on Economic Education Houston, Texas

Robert Smith

Director of Special Projects Texas Council on Economic Education Houston, Texas

Patricia D. Taylor

Senior Instructor Colorado State University Fort Collins, Colorado

Teacher Reviewers

John Beacom

Redwood High School Visalia, California

Linda Tate Hudson

Central High School Magnet Career Academy Louisville, Kentucky

Dan Richardson

East Troy Community Schools East Troy, Wisconsin

Stuart Rubin

Bellmore-Merrick C.H.S.D. Bellmore, New York

Denny Schillings

Homewood-Flossmoor High School Flossmoor, Illinois

Content Area Reading Specialist

Dr. Lois E. Huffman

North Carolina State University Raleigh, North Carolina

Block Scheduling Consultants

Sharon Dragon

Nimitz High School Houston, Texas

Barbara Slater Stern

Assistant Professor James Madison University Harrisonburg, Virginia

Internet Reviewer

Vincent M. Seeley

Greenville High School Greenville, New York

Personal Finance Handbook Reviewers

Rosella Bannister

JumpStart Coalition for Personal Financial Literacy Washington, D.C.

John E. Clow, Professor Emeritus

Economics and Business Dept. State University of New York at Oneonta Oneonta, New York

Curriculum and Assessment Specialist

Jan Moberley

Dallas, Texas

Program Advisors

Michal Howden

Social Studies Consultant Zionsville, Indiana

Joe Wieczorek

Social Studies Consultant Baltimore, Maryland


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Table of Contents

Economics: Principles in Action Unit 1 Introduction to Economics Unit 2 How Markets Work Unit 3 Business and Labor Unit 4 Money, Banking, and Finance Unit 5 Measuring Economic Performance Unit 6 Government and the Economy Unit 7 The Global Economy Reference Section