Modern Economics /

Burns, Arthur Edward

Modern Economics / Arthur Edward Burns ; Alfred C. Neal ; D.S. Watson ; under the general editorship of Albert Gailord Hart. - 2nd ed - xvi; 790 pages ; 24 cm.

Includes index.

Part 1. The scope of economics --
The bases of economic activity --
Change and growth in the economy --

Part 2. National income and the employment of resources --
The process of production --
The types and determinants of production --
National income and national output --
Money --
Consumption, saving, and investment --
Changes in output and income: business cycles --

Part 3. The determination of prices --
Prices and price functions --
Demand --
Prices, cost, and output in pure competition --
Demand, supply, and price in pure competition --
Monopoly --
Monopolistic competition and Oligopoly --
Market positions of buyers --
The price system --

Part 4. Prices and the allocation of resources --
The prices of productive services --
Wages --
Rent --
Interest --
Profits --
The personal distribution of income --

Part 5. Management and control of economic resources --
The organization of economic resources --
Business organization --
Business finance --
Concentration and regulation of industry --
The supply of labor and labor organizations --
Labor-management relations --

Part 6. Government finance and the banking system --
Government expenditures and budgets --
The tax system of the united States --
Tax and fiscal policy --
The banking system --
The banking system in operation --
Control of the supply of money --

Part 7. International economics --
International trade --
International finance --
International economic policies --

Part 8. Economic systems --
Proposals for economic reform --
The economic systems --
Government and the American economy --
The prospects of economic progress.

Acc#3040


ECONOMICS--THEORIES

HB 171.5 / M72 1953

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