TY - BOOK AU - Hailstones, Thomas J. AU - Mastrianna, Frank V. TI - Basic economics SN - 538083913 AV - HB 171.5 .H35 1988 PY - 1988/// CY - Cincinnati PB - South-Western Publishing, Co. KW - ECONOMICS N1 - Includes index; Part 1. The Economic System -- Part 2. The Market Mechanism and Competition -- Part 3. Money, Credit, and banking -- Part 4. Production, Income, and Employment -- Part 5. Economic Activity and Policies -- Part 6. International Economics N2 - Basic Economics is intended to give the reader a basic understanding of the operation of our economic system; to explain the roles of demand and supply in determining prices, to compare the merits of competition vs. monopoly, and to explain the use of antitrust regulations; to demonstrate the role of money and its effects on our economy; to present a measurement of production, employment, and income; to show the cur rent methods of economic analyses and the development of both demand-management and supply-side economic policies that are used to stabilize the growth of economic activity; and to relate international economics to our domestic economy. In short, the book endeavors to take the reader from scratch through a relatively high level of economic analysis in one term ER -