ABSTRACT

The overriding objective of this text is to help students understand the economic context in which they play out their personal and professional lives, both in the United States and in the world. It seeks to overcome the indifference of non-economics majors at the college level.

chapter 1|14 pages

Economists’ Methods

chapter 2|28 pages

Why Are There Economic Systems?

part |2 pages

Microeconomics: The Market System: How It Works

part |2 pages

The Market System in the United States

chapter 8|32 pages

Our Labor Markets

chapter 9|28 pages

For Whom Are We Producing?

chapter 10|42 pages

The Role of Government in the Market System

part |2 pages

The Market System in the Global Economy

part |2 pages

Macroeconomics: The Problems of Instability and Economic Growth