This informative yet approachable title gives students a clear Eye on Economics and encourages them to take part in the Economy in Action! With plenty of kid-friendly examples, this book explains micro and macro economic principles. Readers will learn about different economic systems that countries use to manage their economies, and the macro and micro economic activity within them. Regulatory oversight tools are also covered, as are international trade, economic expansion and contraction, and the economic conditions that result in inflation, deflation, and stagflation. How these conditions affect both macro and micro economies in the form of boom and bust cycles and how markets move back into equilibrium are also considered. By keeping an Eye on Economics, students will be armed with the tips and tools they need for fiscal fitness. Aligned to Common Core Standards and correlated to state standards. Checkerboard Library is an imprint of Abdo Publishing, a division of ABDO.