Introduction to Economics

Contents: A FOUNDATION OF ECONOMIC UNDERSTANDING. We Are All Economists. Capitalism and the American Economy. Demand, Supply, and Equilibrium Pricing. Entrepreneurship in the United States. THE GOVERNMENT'S ROLE IN THE ECONOMY. Our Government's Economic Functions. Measuring the Economy's Performance. Inflation, Unemploy-ment, and the Business Cycle. PROVIDING ECONOMIC STABILITY. Keynesian Economic Theory. Using Fiscal Policy. The Role of Money and Banks in our Economy. The Federal Reserve and Monetary Policy. HOW FIRMS FUNCTION IN OUR ECONOMIC SYSTEM. Price Elasticity of Demand and Consumer Choice. The Costs of Running a Business. Making Decisions in Competition and Monopoly. Between Monopoly and Competi-tion. DEMAND, SUPPLY, AND ORGANIZATION OF LABOR. Labor Demand and Supply. The Organization and Protection of Labor. PROBLEMS IN ECONOMIC POLICY. Income, Wealth, and Poverty in Our Economy. Regional Economic Problems. Economics, Ethics, and the Environment.Stafford, Alan D. is the author of 'Introduction to Economics' with ISBN 9780028018980 and ISBN 0028018982.