TY - BOOK AU - Walton,Gary M. AU - Wykoff,Frank C. TI - Understanding economics today SN - 0256246513 (acidfree paper) SN - 978025624 AV - HB171.5 .W23 PY - 1998/// CY - Boston, Mass. PB - Irwin/McGraw-Hill KW - Economics N1 - 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 ER -