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  <titleInfo>
    <title>Understanding economics today</title>
  </titleInfo>
  <name type="personal">
    <namePart>Walton, Gary M.</namePart>
    <role>
      <roleTerm authority="marcrelator" type="text">creator</roleTerm>
    </role>
  </name>
  <name type="personal">
    <namePart>Wykoff, Frank C.</namePart>
    <namePart type="date">1942-</namePart>
  </name>
  <typeOfResource>text</typeOfResource>
  <genre authority="marc">bibliography</genre>
  <originInfo>
    <place>
      <placeTerm type="code" authority="marccountry">mau</placeTerm>
    </place>
    <place>
      <placeTerm type="text">Boston, Mass</placeTerm>
    </place>
    <publisher>Irwin/McGraw-Hill</publisher>
    <dateIssued>c1998</dateIssued>
    <dateIssued encoding="marc">1998</dateIssued>
    <edition>6th ed.</edition>
    <issuance>monographic</issuance>
  </originInfo>
  <language>
    <languageTerm authority="iso639-2b" type="code">eng</languageTerm>
  </language>
  <physicalDescription>
    <form authority="marcform">print</form>
    <extent>xvi, 496 p.  col. ill., col. map ; 24 cm.</extent>
  </physicalDescription>
  <tableOfContents>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.</tableOfContents>
  <note type="statement of responsibility">Gary M. Walton, Frank C. Wykoff.</note>
  <note>Includes bibliographical references and index.</note>
  <subject authority="lcsh">
    <topic>Economics</topic>
  </subject>
  <classification authority="lcc">HB171.5.W23</classification>
  <classification authority="ddc" edition="21">330</classification>
  <identifier type="isbn">0256246513 (acidfree paper)</identifier>
  <identifier type="lccn">97027679</identifier>
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    <recordCreationDate encoding="marc">970709</recordCreationDate>
    <recordChangeDate encoding="iso8601">20210414113905.0</recordChangeDate>
    <recordIdentifier source="OSt">2125548</recordIdentifier>
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