Includes index.

Contents: What is economics -- The Use and misuse of graphs -- The Economy: Myth and reality -- Scarcity and choice: The Economic problems -- Supply and demand: An Initial look -- The Realm of macroeconomics -- The Goals of macroeconomic policy -- Income and spending: The Powerful consumer -- Demand side equilibrium: Unemployment or inflatioin? -- Change on the demand side: Multiplier analysis -- Supply side equilibrium: Unemployment and inflation -- Managing aggregate demand: Fiscal policy -- Money and the banking system -- Monetary policy and the national economy -- The Debate over monetary policy -- Deficits, monetary policy and growth -- The Phillips curve and economic growth -- International trade and comparative advantage -- The International monetary system: Order or disorder? -- Exchange rates and the macroeconomy -- Glossary.