TY - BOOK AU - Miller, Roger LeRoy TI - Understanding modern economics/ SN - 9780321248473 U1 - 330 22 PY - 2005/// CY - Boston, PB - Pearson/Addison-Wesley KW - Economics N1 - An introduction to economics. Economics and the world of scarcity The United States within the world economy Microeconomics. Demand and supply Consumer decision making and consumer reaction to price changes The firm : production and cost The two extremes : perfect competition and pure monopoly In between the extremes : imperfect competition Market and government failures Labor economics. Macroeconomics. Unemplyment, inflation, and the business cycle Aggregate demand and supply The fiscal policy approach to stabilization Money and our banking system The monetary policy approach to stabilization How economics grow International. Trading with other nations Financing world trade Mastering economic concepts : answers to odd-numbered problems ER -