Contents -- Introduction -- Acknowledgements -- Part One - Studying Economics -- 1. What you can know, what you can't know -- 2. Causes and effects (1) the need to select -- 3. Causes and effects (2) how to select -- 4. Explanations and equations -- 5. The controversial language of economics -- 6. Efficiency, welfare and the scope of economics -- 7. Skills and values you will need -- Part Two - Economic Growth and Change -- 8. Understanding growth and change -- 9. Theories of economic growth -- 10. Institutional studies of economic development -- 11. Some economic histories -- NEW DIRECTIONS -- 12. Changing modes of production and sources of income -- 13. Technology -- 14. Wants -- 15. Childhood -- 16. Threatened social capital -- 17. Threatened natural resources -- 18. The rich democracies now -- Part Three - Demands for Goods and Services -- 19. Dual demands: for goods and services, and for modes of supply -- 20. How are wants and tastes formed? -- 21. How do prices, incomes and tastes influence demand? -- 22. The elasticity of demand -- Part Four - The Productive Institutions -- 23. People as producers -- HOUSEHOLDS -- 24. Household histories -- 25. Household capital -- 26. Housing Policies -- 27. Households : a summary -- PRIVATE ENTERPRISES -- 28. Business powers -- 29. Theories about firms' purposes -- 30. How firms work -- 31. Costs of production : analysis -- 32. Costs of production: four ways to fix wages -- 33. Costs of production : how firms minimize their costs -- 34. How firms price their products -- 35. How firms invest -- 36. What private enterprises need from government :A shortest summary -- PUBLIC ENTERPRISES -- 37. Public growth -- 38. Public efficiency -- 39. What public enterprises need from government -- Part Five - The Distributive Institutions -- 40. Market theory -- 41. Market practice -- 42. Market examples.

WEALTH AND INCOME -- 43. The composition and distribution of wealth -- 44. The composition and distribution of income -- 45. Income policies -- 46. Taxation -- Part Six - Economic Strategy -- 47. The parts and the whole -- 48. Economic structure -- 49. How free should trade be? -- 50. Money and banking : national -- 51. Money and banking : international -- 52. Inflation -- 53. Employment -- 54. Global markets: Interactive effects of inadequately governed economic structure, trade, banking, exchange and employment -- NATIONAL STRATEGIES -- 56. A federal economy -- 57. Free-trading independence -- 58. Protected independence -- 59. Ex-Communist options -- 60. Democracy in a global economy -- Index.