Author Description

The third edition of this widely used resource has been redesigned and updated for use in high school economics courses. This text introduces students to general economic theory using predominantly Canadian examples. The book uses activities which involve the students in problem-solving scenarios and simulations. "Building your skills" sections provide instruction and practice in budgeting; developing a business plan; reading tables, graphs, charts, and financial statements; interpreting stock market quotations; making foreign currency exchanges; and more. "Application" sections link theory with practice. "Case study" sections challenge students to apply their learning to real-life situations and "Issues" sections present controversial economic problems for discussion and debate. This text features updated statistics and examples based on current economic realities. Also, fresh profiles, excerpts, articles, and cartoons reflect contemporary economic concerns. New to this edition are discussions of the government debt and deficit; the GST; NAFTA; global trade; the demise of the Soviet command economy; and the future of labour unions in Canada.