Understanding economics today / Gary M. Walton, Frank C. Wykoff.

By: Walton, Gary MContributor(s): Wykoff, Frank C, 1942-Material type: TextTextPublisher: Boston, Mass. : Irwin/McGraw-Hill, c1998Edition: 6th edDescription: xvi, 496 p. col. ill., col. map ; 24 cmISBN: 0256246513 (acidfree paper)Subject(s): EconomicsDDC classification: 330 LOC classification: HB171.5.W23
Contents:
Contents: The Economics of personal and social choice -- Scarcity and the economic problem -- The First law economics -- Shortage, surplus and prices -- Production, profits and marginal analysis -- Competition and monopoly -- Jobs and wages -- Market failure and government failure -- Trade among nations -- National economic problems: Stagnation, inflation, unemployment and competitiveness -- Overview of national economy: Cycles and the circular flow model -- Government fiscal actions and the pace of the economy -- Money,money,money -- The Fed and the money supply -- Why economist disagree -- Inflation and unemployment -- Stagnation -- Issues and stabilization on policy -- The Exchange rate and the balance of payment.
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HB171.5.W23 (Browse shelf) 1 Available 822/11

Includes bibliographical references and index.

Contents: The Economics of personal and social choice -- Scarcity and the economic problem -- The First law economics -- Shortage, surplus and prices -- Production, profits and marginal analysis -- Competition and monopoly -- Jobs and wages -- Market failure and government failure -- Trade among nations -- National economic problems: Stagnation, inflation, unemployment and competitiveness -- Overview of national economy: Cycles and the circular flow model -- Government fiscal actions and the pace of the economy -- Money,money,money -- The Fed and the money supply -- Why economist disagree -- Inflation and unemployment -- Stagnation -- Issues and stabilization on policy -- The Exchange rate and the balance of payment.

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