Basic Economics

by MASTRIANNA/HAILSTONES

• ISBN13: 9780538868761
• ISBN10: 0538868767
• Edition: 11th
• Format: Paperback
• Copyright: 1997-06-17
• Publisher: South-Western College Pub

Summary

This text is ideal for a one-term survey course in economics. It is geared towards students in liberal arts, business, pre-professional, teacher education, agricultural, and other programs who will take only one course in economics. It combines both macro and microeconomic topics in a streamlined, 19-chapter format that can be easily covered in one semester or quarter.

Table of Contents

Chapter 1 The Nature and Scope of Economics	1	(11)
Chapter 2 Scarcity and Choice	12	(15)
Chapter 3 The U.S. Economic System	27	(19)
Chapter 4 The Circular Flow Model	46	(16)
Chapter 5 Price: The Role of Demand and Supply	62	(22)
Chapter 6 Production, Cost, and Profit	84	(16)
Chapter 7 Perfect Competition	100	(14)
Chapter 8 Imperfect Competition	114	(26)
Chapter 9 Money in the U.S. Economy	140	(22)
Chapter 10 The Federal Reserve and the Money Supply	162	(26)
Chapter 11 Measuring Output and Income in the United States	188	(18)
Chapter 12 Macroeconomic Models and Analysis	206	(21)
Chapter 13 Employment	227	(20)
Chapter 14 Income Distribution	247	(20)
Chapter 15 Business Cycles	267	(16)
Chapter 16 Macroeconomic Policies	283	(28)
Chapter 17 Taxation, Budgetary Policy, and the National Debt	311	(27)
Chapter 18 International Trade and Aid	338	(29)
Chapter 19 The Balance of International Payments	367	(22)
Glossary	389	(10)
Index	399