01645pam a2200289 a 4500 2125548 OSt 20210414113905.0 970709s1998 mauab b 001 0 eng 97027679 0256246513 (acidfree paper) DLC DLC DLC HB171.5.W23 330 21 Walton, Gary M. Understanding economics today / Gary M. Walton, Frank C. Wykoff. 6th ed. Boston, Mass. : Irwin/McGraw-Hill, c1998. xvi, 496 p. col. ill., col. map ; 24 cm. Includes bibliographical references and index. Contents: The Economics of personal and social choice -- Scarcity and the economic problem -- The First law economics -- Shortage, surplus and prices -- Production, profits and marginal analysis -- Competition and monopoly -- Jobs and wages -- Market failure and government failure -- Trade among nations -- National economic problems: Stagnation, inflation, unemployment and competitiveness -- Overview of national economy: Cycles and the circular flow model -- Government fiscal actions and the pace of the economy -- Money,money,money -- The Fed and the money supply -- Why economist disagree -- Inflation and unemployment -- Stagnation -- Issues and stabilization on policy -- The Exchange rate and the balance of payment. Economics. Wykoff, Frank C., 1942- 7 cbc orignew 1 ocip 19 y-gencatlg lcc BK 381 7881 0 0 lcc 0 0 WIUC-1 WIUC-1 GEN 2011-12-13 0 HB171.5.W23 822/11 2011-12-13 00:00:00 1 2011-12-13 BK