New 2nd Edition! Economics for Credit Union Professionals

This new edition is a comprehensive text that uses credit union examples to explain the key concepts of modern economics in nontechnical language. The Economics for Credit Union Professionals book provides question-and-answer review sections to help readers evaluate their comprehension.

Be sure to check out the new table of contents and sample chapter which can be found under the MORE INFO bar below.

In this new edition:

• Explore the newly revised figures and tables that reflect current values
• Review the newly revised questions at the end of each chapter
• Discover the extensively revised Chapter 5 including updated information about the FDIC, added information about the Fair and Accurate Credit transaction Act of 2003 (FACTA), and added information about the USA Patriot Act of 2001
• Explore the extensively revised Chapter 17 including added information about the slowing economic growth since 2001 brought on by the weakening dollar, the war in Iraq, the growing Federal Budget deficit, and the subprime mortgage mess

You will also learn about:

• Money and its functions
• Money markets in operation
• Money supply and its effect on interest rates
• Reserve requirements
• Discount policy
• Supply and demand
• Price elasticity and how it affects pricing
• Government regulations
• Prices and employment
• The international monetary system
• Current economic problems