Economics / Paul A. Samuelson, William D. Nordhaus.

CONTENTS

PART ONE : BASIC CONCEPTS
1. Introduction
2. Basic problems of economic organization
3. Markets and command in a modern economy
4. The elements of supply and demand

PART TWO: FUNDAMENTAL CONCEPTS OF MACROECONOMICS
5. Overview of macroeconomics
6. Measurement of national output and income
7. The theory of output determination
8 Consumption and Investment
9. The multiplier extended: fiscal policy and international trade
10. Aggregate supply and business cycles
11. Money and commercial banking
12.The federal reserve and central bank monetary policy

PART THREE: MACROECONOMIC POLICY
14. Inflation: definitions and costs
15. inflation and unemployment
16. the effects of money on output and prices
17. fiscal policy, deficits and the government debt

PART FOUR: MICROECONOMICS: SUPPL, DEMAND AND PRODUCT MARKETS
18: Supply and demand in individual markets
19. Demand, utility and consumer behavior
20. Business organization
21. Theory of production and marginal products
22. Analysis of costs
23. Competitive supply and competitive markets
24. Monopoly: analysis and regulation
25. Imperfect competition and antitruct policy

PART FIVE: WAGES, RENT AND PROFITS: THE DISTRIBUTION OF INCOME
26. Introduction to income and inequality
27. Pricing of factors of production
28. Wages and the labor market
29. Labor unions and collective bargaining
30. capital, interest and profits

PART SIX: EFFICIENCY, EQUITY, AND GOVERNMENT
31. Markets and economic efficiency
32. Economic role of government
33. Economic role of government: expenditure and taxation
34. poverty, equality and efficiency
35. the winds of change: alternative economic systems
36. Economic growth: theory and evidence
37. the economics of developing countries
38. international trade and the theory of comparative advantage
39. protectionism and free trade
40. exchange rates and the international financial system

Includes index.