TY - BOOK AU - Byrns,Ralph T. AU - Stone,Gerald W. TI - Economics SN - 067316165X U1 - 330 19 PY - 1981/// CY - Illinois PB - Scott, Foresman and company KW - Economics N1 - P.1. An introduction to economics -- some fundamental concepts of economics -- scarcity, opportunity costs, and choice -- fundamental concepts of supply and demand -- the price system: markets and equilibrium -- P.2. The institutional fabric of the economy -- the private sector: households and businesses -- the public sector: government -- P.3. Problems and measurements of economic performance -- unemployment and inflation: measurement and issues -- Gross national product (GNP) and the national income -- business cycles and early theories of fluctuations in economics activity -- P.4. Keynesian national income and employment theory: demand based macroeconomics -- aggregate demand: consumption, investment, and government spending -- the equilibrium level of output, employment, and income -- fiscal policy: government taxing and spending -- P.5. Money: another dimension of demand side macroeconomics -- money and its creation -- the federal reserve system and financial institutions -- monetary theory and policy -- P.6. Controversies in stabilization policy: problems from the supply -- the foundations of aggregate demands and supplies -- stagflation: the policymakers dilemma -- limitations of stabilization -- P.7. Growth, development, and alternative economic systems -- economic growth and development -- critiques of capitalism and its alternatives -- P.8. fundamentals of microeconomics -- elasticity: concepts, problems, and application -- the foundations of consumer choice -- foundations of producer decisionmaking -- P.9. The structure of product markets -- the competitive ideal -- monopoly -- imperfect competition: oligopoly an monopolistic competition -- the role of government regulation -- P.10. Markets productive resources and the problem of income distribution -- wages and employment in competitive labor markets -- imperfect labor markets: unions and collective bargaining -- rent, interest, profits, and capitalization -- the distribution of income and wealth -- P.11. Microeconomics of public policy -- the microeconomics of government taxing and spending -- economics of environmental protection -- economics of energy -- P.12. The international economy -- international trade -- international finance ER -