Demystifying The Global Economy

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Do your students understand the global economy? This guide, written by a nationally known teacher of economics, provides a clearly explained, engagingly presented introduction to the global economy and a wealth of the most recent information, statistics, and primary materials on all aspects of the topic. Written specifically for students, the guide includes a narrative discussion defining and discussing the global economy in its historical and contemporary context; a variety of essays on a number of important aspects of the global economy; a timeline of events; a selection of important recent primary documents for critical thinking assignments and research papers; a glossary of selected terms; and a useful annotated research guide of books, films and videos, and recommended Web sites. This guide is a must purchase for school and public libraries and classrooms.

A variety of materials makes this an indispensable tool for students. In addition to a thorough narrative discussion of the global economy in its historical and contemporary context, O'Connor provides four essays with specific examples and many charts, tables and statistics, as well as published editorial cartoons from nationally known political cartoonist Bob Englehart of The Hartford Courant, on these topics: international trade and regional trade organizations; multinational corporations; the have and have not countries; and global challenges for the 21st century. Fifteen prmary documents published in the last few years offer a variety of viewpoints on the global economy, from the Economist's Case for Globalization to the role of NGOs, the position of labor organizations, the World Bank, the World Trade Organization, and the President's Economic Report for 2000—all of which will stimulate critical thinking skills. The annotated research guide provides needed print sources and Web sites for further research, as well as recommended films and videos for classroom use.

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Editorial Reviews

A narrative discussion defines and explores the global economy in its historical and contemporary context in this introduction for undergraduate students. Aspects of the global economy such as international trade and multinational corporations are discussed, and recent primary documents are presented for critical thinking assignments and research papers. There is also a glossary and an annotated guide to books, films, videos, and Web sites. O'Connor teaches economics at Edwin O. Smith High School in Connecticut. He has served as a College Board Economics consultant and as president of the Connecticut Council for the Social Studies. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780313318634
  • Publisher: ABC-CLIO, Incorporated
  • Publication date: 5/30/2002
  • Edition description: New Edition
  • Pages: 256
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.63 (d)

Meet the Author

DAVID E. O'CONNOR is a nationally recognized economics teacher at the Edwin O. Smith High School in Storrs, Connecticut. He has also served as a College Board Consultant in Economics, President of the Connecticut Council for Social Studies, and Instructor at the Taft Summer Institute for Teachers. He has conducted over 100 teacher workshops and written 18 books and teacher's manuals in the fields of economics, ethnic history, and world history, including Basic Economic Principles (Greenwood, 2000), Demystifying the Global Economy (Greenwood, 2002), and The Basics of Economics (Greenwood, 2004).

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Table of Contents


A Timeline of Key Events in the Global Economy: 1900 to 2010

Common Abbreviations in the Global Economy

The Global Economy: An Introduction

International Trade: Spinning the Web, Part 1

Multinational Coporations: Spinning the Web, Part 2

Gaps in the Global Web: The "Have" and the "Have Not" Countries

A Planet at Risk: Global Challenges for the 21st Century

Primary Documents on the Global Economy




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