against globalization from people across the world concerned about loss of jobs, loss of political sovereignty,

and increased economic inequality. Prominent examples of this pushback include the 2016 vote in Great

Britain to exit the European Union (i.e. Brexit), and the election of Donald J. Trump for President of the United

States.

Hopefully, you now have an idea about economics. Before you move to any other chapter of study, be sure to

read the very important appendix to this chapter called The Use of Mathematics in Principles of Economics. It

is essential that you learn more about how to read and use models in economics.

BRING IT HOME

Information Overload in the Information Age
The world provides nearly instant access to a wealth of information. Consider that as recently as the late 1970s, the
Farmer’s Almanac, along with the Weather Bureau of the U.S. Department of Agriculture, were the primary sources
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