Introductory Economics Course Companion

An Introduction to Study Skills What is Economics? .- The Tools of Economic Analysis Demand, Supply and Market Price .- The Price Mechanism and Market Failure .- Some Applications of Price Theory .- The Basis of Demand .- The Laws of Returns Costs and Revenue .- The Finance of Industry Perfect Competition .- Monopoly .- Price Discrimination .- Imperfect Competition .- Labour Enterprise Land and Capital .- The Distribution of Factor Incomes .- National Income and its Measurement .- The Determination of National Income .- National Income Determination: The Four-Sector Economy .- Investment Aggregate Demand and Aggregate Supply .- Money and Creation of Bank Deposits .- The Monetary Sector .- Monetary Control .- Interest Rates Measuring Changes in the Value of Money .- Inflation .- Rational Expectations in Economics .- International Trade .- Free Trade and Protection .- The Balance of Payments .- Exchange Rate Systems .- Europe's Economic Community .- Public Finance and Taxation Stabilisation .- Policy Supply-side Policies in the UK Developments and the Problems of the Less Developed Countries.