Basic economics: a common sense guide to the economy

Part 1: Prices and markets. The role of prices ; Price controls ; An overview of prices

Part 2: Industry and commerce. The rise and fall of businesses ; The role of profits

and losses ; The economics of big business ; Regulation and anti-trust laws ; Market and non-market economies

Part 3: Work and pay. Productivity and pay ; Minimum wage laws ; Special problems in labor markets

Part 4: Time and risk. Investment. ; Stocks, bonds and insurance ; Special problems of time and risk

Part 5: The national economy. National output ; Money and the banking system ; Government functions ; Government finance ; Special problems in the national economy

Part 6: The international economy. International trade ; International transfers of wealth ; International disparities in wealth

Part 7: Special economic issues. Myths about markets ; "Non-economic" values ; The history of economics ; Parting thoughts.

What is economics?

Prices and markets

Industry and commerce

Work and pay

Time and risk

The national economy

The international economy

Special economic issues.

What is economics?

pt. I. Prices and markets. The role of prices ; Price controls ; An overview

pt. II. Industry and commerce. The rise and fall of businesses ; The role of profits

and losses ; Big business and government ; An overview

pt. III. Work and pay. Productivity and pay ; Controlled labor markets ; An overview

pt. IV. Time and risk. Investment and speculation ; Risks and insurance ; An overview

pt. V. The national economy. National output ; Money and the banking system ; Government functions; Government finance; An overview

pt. VI. The international economy. International trade ; International transfers of wealth ; An overview

pt. VII. Special economic issues. Myths about markets; "Non-economic" values ; Parting thoughts.