Part One. An introduction to american capitalism : The nature and method of economics -- An introduction to the economizing problem -- Pure capitalism and the circular flow -- The mechanics of individual prices: Demand and supply -- The five fundamental questions and the price system -- Mixed capitalism and the economic functions of government -- The facts of American capitalism: Households -- The facts of American capitalism: businesses -- The facts of American capitalism: Government -- Part Two. National income, employment, and fiscal policy : National income accounting -- The business cycle: Unemployment and inflation -- The background and analytical tools of employment theory -- The equilibrium levels of output, employment, and income -- The economics of fiscal policy -- Fiscal policy and the public debt -- Part Three. Money, monetary policy, and economic stability : Money and banking in American capitalism -- How banks create money -- The federal reserve banks and monetary policy -- Economic stability: Theory and policy -- Part four. American economic growth: Achievements, problems, and policies : The simple analytics of economic growth -- Economic growth: The American experience -- Growth in American capitalism: Costs, problems, and policies -- The market structures of American capitalism -- Demand, supply, and elasticity: Some applications -- Further topics in the theory of consumer demand -- Supply and the costs of production -- Price and output determination: Pure competition -- Price and output determination: Pure monopoly -- Price and output determination: Monopolistic competition -- Price and output determination: Oligopoly -- Production and the demand for economic resources -- The pricing and employment of resources: Wage determination -- The pricing and employment of resources: Rent, interest, and profits -- General equilibrium: The price system and its operation -- The monopoly problem: The social control of industry -- American agriculture: the farm problem -- Labor unions and collective bargaining -- The economics of inequality and poverty -- The social imbalance controversy -- Part seven. International economics, the underdeveloped countries, and the Soviet economic challenge : International trade and the economics of free trade -- The balance of payments and exchange rates -- International trade and finance: Problems and policies -- The underdeveloped countries: A special problem in economic growth -- The economic challenge of Soviet Russia

1. Economic