Includes index.

Contents: An Overview -- Supply and demand -- The Public sector -- National-income accounting -- The Business cycle: supply-demand imbalances -- Unemployment -- Inflation -- Aggregate spending -- Potential instability -- Fiscal policy -- Money and banks -- The Federal reserve system -- Monetary policy -- Supply-side policies -- Theory and reality -- Reagan economics -- External shocks -- Long-term growth: sources and limits -- The demand for goods -- The costs of production -- Profits and the supply decision -- Competitive markets -- Monopoly -- Imperfect competition -- Market power in the U.S. economy -- Productivity of the firm -- The Farm problem -- Pollution -- The Deregulation of business -- The Supply of labor -- The Demand for labor -- Power in labor markets -- Rent, interest and profit -- Taxes and inequality -- Work and welfare -- International trade -- International finance -- International development -- Socialist planning --