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About the Author

Robert Graham is a Professor of Economics at Hanover College where he regularly teaches managerial economics, microeconomics, and statistics.

Since earning his doctorate at the University of Illinois, Rob has published articles on a wide range of topics including agricultural mechanization and the usefulness of economic theory. His current research focuses on the institutions associated with a market economy.

Rob’s hobbies include bicycle riding and running, which leads to an annual trip to Boston each April.

Dedication

To my parents who provided the encouragement and support that led me to take my first economics course. And to my wife Susan and children Nicholas, Matthew, and Catherine. Their love and support is always there, even when they endure the externalities of having an economist for a husband/father.

Author’s Acknowledgments

I am very grateful to my project editor, Kelly Ewing. Her advice and patience made an intimidating project and deadline manageable and enjoyable. More importantly for you, the reader, her editing greatly improves the readability of the book.

I have benefitted from the comments of several reviewers who spotted weak explanations and offered insight on those explanations may be improved. Having their advice and suggestions has led to greater clarity.

Special thanks to Acquisitions Editor David Lutton. His early direction helped me understand the For Dummies style and provided a quick start for the book.

I’m indebted to my agent, Grace Freedson, who first introduced me to this project. In addition, Grace handles all the technical aspects associated with publishing letting me use my time in the way I most enjoy — writing.

Finally, thanks to my students. Their suggestions and feedback have strengthened my presentation of difficult concepts.

Publisher’s Acknowledgments

We’re proud of this book; please send us your comments at http://dummies.custhelp.com. For other comments, please contact our Customer Care Department within the U.S. at 877-762-2974, outside the U.S. at 317-572-3993, or fax 317-572-4002.

Some of the people who helped bring this book to market include the following:

Acquisitions, Editorial, and Vertical Websites

Project Editor: Kelly Ewing

Acquisitions Editor: Stacy Kennedy

Copy Editor: Sarah Faulkner

Assistant Editor: David Lutton

Editorial Program Coordinator: Joe Niesen

General Reviewer: Nicole Bissessar

Senior Editorial Manager: Jennifer Ehrlich

Editorial Supervisor and Reprint Editor: Carmen Krikorian

Editorial Assistants: Rachelle S. Amick, Alexa Koschier

Cover Photos: © sorendls/iStockphoto.com

Cartoons: Rich Tennant (www.the5thwave.com)

Composition Services

Senior Project Coordinator: Kristie Rees

Layout and Graphics: Joyce Haughey, Andrea Hornberger

Proofreaders: Jessica Kramer, Lisa Stiers

Indexer: Maro RioFrancos

Publishing and Editorial for Consumer Dummies

Kathleen Nebenhaus, Vice President and Executive Publisher

David Palmer, Associate Publisher

Kristin Ferguson-Wagstaffe, Product Development Director

Publishing for Technology Dummies

Andy Cummings, Vice President and Publisher

Composition Services

Debbie Stailey, Director of Composition Services

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