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Table of Contents:
- Economics terms and basic concepts The nature and scope of economics The central problems of an economy and Operation of the price system Factors of production Demand and price Income Determinants of demand Supply Elasticities of demand and supply Market price determination Markets in action Indifference Curve approach Behind the Supply Curve business organization and finance TheTheory of production the Relation between input changes and output changes Cost of production :Perfect competition Monopoly Imperfect competition Wage determination Rent Interest and capital budgeting Theories of profit An introduction to macroeconomics National income The keynesian theory of income detrmination Buisiness cycle Money and banking International trade Foreign Exchange Balance of payment Economic role of modern government Public Finance International Financial Institutions Economic Growth and Development