TY - BOOK AU - Hoag, Arleen J AU - Hoag, John H TI - Introductory economics SN - 9798886130720 U1 - 330 PY - 2024/// CY - New Jersery PB - World Scientific Publishing KW - Economics N1 - Table of Contents: The Economic Problem: The Meaning of Economics Methods Production Possibilities Economic Systems Price Determination: Demand Supply Market Equilibrium Price Elasticity Behind the Supply Curve: Diminishing Returns Cost Revenue Profit Perfectly Competitive Supply Monopoly Imperfect Competition Demand for Inputs Measuring the Economy: Unemployment and Inflation Gross Domestic Product Price Indexes Business Cycles The Level of Income: Consumption and Investment Macro Equilibrium Government The Keynesian Cross Fiscal Policy Money: Money Monetary Tools Money and the Level of Income Economic Policy Trade: Trade without Money Trade with Money N2 - This carefully constructed textbook empowers the reader with an understanding of fundamental economic concepts. There are 31 “one-concept” chapters. Each short chapter highlights one economic principle. The student can study one concept and be reinforced by the learning process before proceeding to another. The writing is lucid and at the student's level. Self-review exercises conclude each chapter. The text is well integrated to show the relationship among the basic concepts and to offer a comprehensive overview of economics. The one-concept chapters provide organizational flexibility for the instructor. There are eight modules: The Economic Problem; Price Determination; Behind the Supply Curve; Measuring the Economy, The Level of Income; Money; Trade; Conclusion. A study guide is available on line without charge. Each chapter in the text has a corresponding chapter in the study guide as well as an introduction to graphing. (https://www.worldscientific.com/worldscibooks/10.1142/6182#t=aboutBook) ER -