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Walton, Gary M.

Understanding economics today / Gary M. Walton, Frank C. Wykoff. - 6th ed. - Boston, Mass. : Irwin/McGraw-Hill, c1998. - xvi, 496 p. : col. ill., col. map ; 24 cm.

Include index

Part I: Microeconomics. Chapter 1: The Economics of Personal and Social Choice. Chapter 2: Scarcity and the Economic Problem. Chapter 3: The First Law of Economics. Chapter 4: The Law of Supply and Market Price. Chapter 5: Shortages, Surpluses, and Prices. Chapter 6: Production, Profits, and Marginal Analysis. Chapter 7: Competition and Monopoly. Chapter 8: Jobs and Wages. Chapter 9: Market Failure and Government Failure. Chapter 10: Trade Among Nations. Part II: Macroeconomics. Chapter 11: National Economic Problems: Stagnation, Inflation, Unemployment, and Competitiveness. Chapter 12: Overview of the National Economy: Cycles and the Circular Flow Model. Chapter 13: Government Fiscal Actions and the Pace of the Economy. Chapter 14: Money, Money, Money. Chapter 15: The Fed and the Money Supply. Chapter 16: Why Economists Disagree. Chapter 17: Inflation and Unemployment. Chapter 18: Rising Living Standards or Stagnation: Chapter 19: Issues in Stabilization Policy. Chapter 20: The Exchange Rate and the Balance of Payments.

ISBN: 0256246513 (acidfree paper)

ISSN: 9780256246513

Subjects--Topical Terms:
Economics.

LC Class. No.: HB171.5 / .W23