Includes glossary and index.

Contents: A brief economic history of the United States -- Resource utilization -- Supply and demand -- The mixed economy -- The household-consumption sector -- The business-investment sector -- The government sector -- The export-import sector -- Gross domestic product -- Economic fluctuations, unemployment, and inflation -- Classical and Keynesian economics -- Fiscal policy and the national debt -- Money and banking -- The federal reserve and monetary policy -- Economic growth and productivity -- Demand, supply, equilibrium -- The Elasticities of demand and supply -- Theory of consumer behavior -- Cost -- Profit, loss, and perfect competition -- Monopoly -- Monopolistic competition -- Oligopoly -- Corporate mergers and antitrust -- Demand in the factor market -- Labor unions -- Labor markets and wage rates -- Rent, interest, and profit -- Income distribution and poverty -- International trade -- International finance.