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Currency Measurements: A Consumers Primer

by Peter Jones

164 pages; quality trade paperback (softcover); catalogue #05-1029; ISBN 1-4120-6128-8; US$16.99, C$19.54, EUR13.96, £9.77

Mysteries surrounding taxes, recessions and other economic terms dissolve after reading this text. Mathematical concepts and possible solutions to money-related social problems are explained in simple terms.

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About the Book      Excerpt      Catalogue Information

About the Book

The title Currency Measurements: A Consumers Primer, infers it is a complex text. Glancing through the pages it would appear that the inference is correct. Actually, the text was written so that anyone could understand why things like changes in interest rates or tax increases occur.

The mathematics was kept at a basic level with simple equations that anyone, with a knowledge of the first chapter of any algebra book, can understand.

Business people, investors, bankers, might find the book entertaining and useful. Equations are used to illustrate the effects of trading shares in the stock market as well as a description of the banking system. Officers of a company might use the mathematics to help form ideas and make decisions. Students of economics might find the description of economic activity with simple equations, helpful.

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Excerpts

Several times a day the news media reports on financial and economic topics. Taxes or interest rates will be raised or lowered. There is a deficit in government accounts or a deficit in international trade. These statements taken separately haven't much meaning to the average citizen. The General thinking is "I can't do much about it even if I knew what to do."

Industry can see into the future by looking at their orders for the next few months but whether or not a tax change is necessary can't be proven although paying less tax would put a smile on everyone's face.

During a recession, the jobless are willing to work but it seems work isn't available. Those who are employed are in fear of losing their jobs. Economic trouble seems to be controlled by a spiritual entity along with earthquakes and tornadoes. The loss of employment and recession appear to happen periodically and are a fact of life.

Everyone understands vaguely what causes a recession or the benefits of lowering taxes. Consumers aren't spending is the usual reply if asked for a reason behind recessions. The lack of consumer spending could be a culprit but heavy debt might not allow consumers to increase the number of their purchases. There is any number of factors forcing a take action to ward off a recession. Economic chaos can be avoided if the controlling force behind it is informed or guided. The controlling force is all members of economy!

The mystery surrounding taxes, recessions and other economic terms should be dissolved after reading his text. The mathematical concepts and the possible solution to the social problems caused by money are explained in simple terms. Adding and subtracting and the equations needed to show the relations between variables are used but an understanding of the first chapter of any algebra book is all that is necessary.

There is an appendix showing the equations used to derive a few tables needed to illustrate simple analogies. Most of the material is generated with simple computer programs but the logic itself is explained. Compound interest loans and payments are described and simplified equation is presented for those who are interested.

The appendix is included for the curious and need not be referred to by the average reader.

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Catalogue Information

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