Basic Economics, A Common Sense Guide to the Economy

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1、TableofContentsTitlePageDedicationPrefaceAcknowledgementsChapter1-WHATISECONOMICS?PARTI:-PRICESANDMARKETSChapter2-THEROLEOFPRICESPRICESANDCOSTSSUPPLY,DEMANDAND“NEED”Chapter3-PRICECONTROLSPRICECEILINGSANDSHORTAGESPRICEFLOORSANDSURPLUSESTHEPOLITICSOFPRI

2、CECONTROLSChapter4-ANOVERVIEWCAUSEANDEFFECTINCENTIVESVERSUSGOALSSCARCITYANDCOMPETITIONPARTII:-INDUSTRYANDCOMMERCEChapter5-THERISEANDFALLOFBUSINESSESADJUSTINGTOCHANGESTHECOORDINATIONOFKNOWLEDGEChapter6-THEROLEOFPROFITS—ANDLOSSESPROFITSCOSTSOFPRODUCTION

3、SPECIALIZATIONANDDISTRIBUTIONChapter7-BIGBUSINESSANDGOVERNMENTCORPORATIONSMONOPOLIESANDCARTELSREGULATORYCOMMISSIONSANTI-TRUSTLAWSChapter8-ANOVERVIEWKNOWLEDGEANDDECISIONSMARKETANDNON-MARKETACTIONSWINNERSANDLOSERSPARTIII:WORKANDPAYChapter9-PRODUCTIVITYA

4、NDPAYPRODUCTIVITYPAYDIFFERENCESCAPITAL,LABOR,ANDEFFICIENCYChapter10-CONTROLLEDLABORMARKETSJOBSECURITYMINIMUMWAGELAWSCOLLECTIVEBARGAININGWORKINGCONDITIONSChapter11-ANOVERVIEWALLOCATIONANDINEQUALITIESTHEMYSTIQUEOF“LABOR”PARTIV:TIMEANDRISKChapter12-INVES

5、TMENTANDSPECULATIONINVESTMENTSSPECULATIONINVENTORIESRETURNONINVESTMENTPRESENTVALUEChapter13-RISKSANDINSURANCEBONDSVARIABLERETURNSVERSUSFIXEDRETURNSINSURANCEChapter14-ANOVERVIEWTIMEANDMONEYECONOMICADJUSTMENTSPARTV:THENATIONALECONOMYChapter15-NATIONALOU

6、TPUTTHEFALLACYOFCOMPOSITIONOUTPUTANDDEMANDMEASURINGNATIONALOUTPUTChapter16-MONEYANDTHEBANKINGSYSTEMTHEROLEOFMONEYTHEBANKINGSYSTEMFOREIGNBANKINGSYSTEMSChapter17-GOVERNMENTFUNCTIONSLAWANDORDEREXTERNALCOSTSANDBENEFITSINCENTIVESANDCONSTRAINTSChapter18-GOV

7、ERNMENTFINANCETAXATIONGOVERNMENTBONDSCHARGESFORGOODSANDSERVICESGOVERNMENTEXPENDITURESGOVERNMENTOBLIGATIONSChapter19-ANOVERVIEWTHEROLEOFGOVERNMENTZERO-SUMTHINKINGTHEFALLACYOFCOMPOSITIONMARKETFAILUREANDGOVERNMENTFAILUREPARTVI:-THEINTERNATIONALECONOMYCha

8、pter20-INTERNATIONALTRADETHEBASISFORINTERNATIONALTRADEINTERNATIONALTRADERESTRICTIONSCHANGINGCONDITIONSChapter21-INTERNATIONALTRANSFERSOFWEALTHINTERNATIONALINVESTMENTSOTHERTRANSFERSTHEINTERNATIONALMONETARYSYSTEMChapter22-ANOVERVIEWTHEROLEOFTRAD