Studies the concepts and forms of money and banking, purchasing power, saving, spending, and borrowing, and examines the operation of institutions that facilitate financial transactions.
Discusses the role of the consumer in the modern economic system, probing such aspects as consumer education, consumer decisions, technology, and credit.
Surveys the history and operation of the stock market, how securities are traded and bonds bought and sold, and how risk plays a part in saving and investing decisions.
Describes how federal, state, and local governments tax citizens, the different kinds of taxes, and how tax revenues are spent. Also explains how federal spending affects the national economy and discusses the federal deficit.