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Modern Economics / Arthur Edward Burns ; Alfred C. Neal ; D.S. Watson ; under the general editorship of Albert Gailord Hart.

By: Material type: TextNew York, NY: Harcourt, Brace and Company, ©1953Edition: 2nd edDescription: xvi; 790 pages ; 24 cmSubject(s): LOC classification:
  • HB 171.5 M72 1953
Contents:
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.
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Circulation Books PBTS Library HB 171.5 M72 1953 (Browse shelf(Opens below)) Available 3040

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.

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