This is “Eee! Economics, Economic Systems, and Economic Policy”, chapter 8 from the book A Primer on Politics (v. 0.0). For details on it (including licensing), click here.

For more information on the source of this book, or why it is available for free, please see the project's home page. You can browse or download additional books there. You may also download a PDF copy of this book (831 KB) or just this chapter (214 KB), suitable for printing or most e-readers, or a .zip file containing this book's HTML files (for use in a web browser offline).

Has this book helped you? Consider passing it on:
Creative Commons supports free culture from music to education. Their licenses helped make this book available to you.
DonorsChoose.org helps people like you help teachers fund their classroom projects, from art supplies to books to calculators.

Chapter 8 Eee! Economics, Economic Systems, and Economic Policy

PLEASE NOTE: This book is currently in draft form; material is not final.

In this chapter, you will learn about:

  • Different economic systems
  • Supply and demand, and markets
  • GDP: Measuring the economy
  • Government and the economy
  • Recessions and depressions

It’s difficult to separate economics from politics, because the two are so interconnected. Most elections turn out to be referenda on the state of the economy (if the economy is strong, incumbents do well. If it’s not, they don’t). Political choices made by governments can have a big impact on the economy as well. Note that in this chapter, we again talk about different economic and political systems, because it doesn’t make sense to talk about one without talking about the other.