TY  - BOOK
AU  - Walton,Gary M.
AU  - Wykoff,Frank C.
TI  - Understanding economics today
SN  - 0256246513 (acidfree paper)
AV  - HB171.5.W23 
U1  - 330 21
PY  - 1998///
CY  - Boston, Mass.
PB  - Irwin/McGraw-Hill
KW  - Economics
N1  - 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
ER  -