Modern Economics Student’s Notebook

Front Matter....Pages i-vii
What Economics is About....Pages 1-2
Methods of Allocating Resources....Pages 3-5
How Price is Formed in the Free Market....Pages 6-10
Applications of Demand and Supply Analysis....Pages 11-12
A Further Look at Demand....Pages 13-16
The Firm....Pages 17-21
The Organisation and Scale of Production....Pages 22-24
The Distribution of Goods to the Consumer....Pages 25-27
The Location of Production....Pages 28-28
Combining the Factors of Production....Pages 29-30
Deciding on the Most Profitable Output....Pages 31-33
The Supply Curve of the Industry Under Perfect Competition....Pages 34-36
Monopoly....Pages 37-40
Imperfect Competition....Pages 41-42
The Marginal Productivity Theory of Distribution....Pages 43-45
Labour and Wages....Pages 46-50
Capital and Interest....Pages 51-52
Land and Rent....Pages 53-54
Entrepreneurship and Profit....Pages 55-56
Money and the Rate of Interest....Pages 57-60
The Money Markets and the Capital Market....Pages 61-62
Joint-Stock Banks....Pages 63-64
The Bank of England (B. of E.)....Pages 65-66
The National Income....Pages 67-69
Full Employment: A Survey of the Problem....Pages 70-71
Cyclical Fluctuations in Income and Employment....Pages 72-78
Regional and Occupational Unemployment....Pages 79-81
Inflation....Pages 82-84
Government Finance....Pages 85-88
Nature of International Trade....Pages 89-91
The Balance of Payments....Pages 92-93
Foreign Exchange Rates....Pages 94-94
The Correction of a Balance-of-Payments Disequilibrium....Pages 95-98
The European Economic Community (EEC)....Pages 99-101
The Population of the UK....Pages 102-104
Growth, the Balance of Payments, Inflation and Unemployment....Pages 105-108