Economics / Paul A. Samuelson.

Includes bibliographical references and index.

Part 1: Basic Economic Concepts and National Income 1. Introduction 1 2. Central Problems of Every Economic Society 17 3. Price Functioning of a “Mixed Economy” 41 4. Supply and Demand : The Bare Elements 58 5. Incomes and Living Standards 79 6. Business Organization and Income 100 7. Labor and Industrial Relations 131 8. Economic Role of Government: Expenditure, Regulation, Finance 147 9. Economic Role of Government: Federal Taxation and Local Finance 163 10. Nationa Income and Product 179 Part 2: Determination of National Income and Its Fluctuations 11. Saving, Consumotion, and Investment 205 12. Income Determination: The Simple Multiplier Theory 220 13. Income Determination: Fiscal Policy, Inflation, and Thriftiness 234 14. Business Cycles and Forecasting 249 15. Prices and Money 269 16. The Banking System and Deposit Creation 291 17. Federal Reserve and Central Bank Monetary Policy 314 18. Synthesis of Monetary Analysis and Income Analysis 335 19. Fiscal Policy and Full Employment Without Inflation 355 Part 3: The Composition and Pricing of National Output 20. Determination of Price by Supply and Demand 379 21. Supply and Demand as Applied to Agriculture 408 22. The Theory of Demand and Utility 430 23. Competitive Supply 451 24. Analysis of costs and Long-Run Supply 465 25. Maximum-Proft Equilibrium: Monopoly 483 26. Imperfect Competition and Antitrust Policy 508 Part 4: Distribution of Income: The Pricing of the Productive Factors 27. Theory of Production and Marginal-Products 353 28. Pricing of Factor Inputs: Land Rents and Other Resources 559 29. Competitive Wages and Collective Bargaining 572 30. Interest and Capital 598 31. Profits and Incentives 620 32. Epilogue to Microeconomic Pricing 629 PArt 5: International Trade and Finance 33. The Balance of International Payments 645 34. International Trade and the Theory of Comparative Advantage 668 35. Protective Tariffs, Quotas, and Free Trade 692 36. Current International Economic Problems 705 Part 6: Current Economic Problems 37. The Theory of Growth 725 38. Problems of Economic Growth and Development 759 39. Economics of Discrimination: Race and Sex 781 40. The Quality of Life: Poverty and Inequality, Ecology and Growth, Love and Justice 795 41. Full Employment and Price Stability in the Mixed Economy 820 42. Winds of Change: Evolution of Economic Doctrines 839 43. Alternative Economic Systems 867 Index 887