The Economic Process: A Structured Approach

Adam Smith aggregate demand allocation American economy banks basic behavior business cycle business firms butter C.G. Jung capital capitalist Chapter 15 cited in Chapter competition consumer corporations countries distribution of income dollar economic analysis economic growth economic process economic system economic understanding economists factor of production families Federal Reserve Federal Reserve System five-step method full employment function goals guns households human important increased individual industrial inequality inflation institutional adjustment investment John Maynard Keynes Keynes Keynesian labor force macroeconomic Marxism means million natural resources neoclassical neoclassical economics opportunity cost organized output overall level particular personal income political poverty problems production profits programs quantity Readings and References resource owners sector Selected Readings social society spending stagflation structure supply theory Thorstein Veblen trade trillion U.S. economy unions United Veblen wages wealth workers York