Basic economic principles: a guide for students

What is economics?

How do economic systems work?

How are prices set in the U.S. economy?

Why do consumers behave as they do?

How are goods and services produced

How are businesses organized?

How do businesses compete?

Why is money used in the economy?

Why do people save, borrow, and use credit?

Why do people invest money?

How does government raise and spend money?

How does government stabilize the economy?

How is income distributed in the United States?

How do labor and management come to terms?

Why do nations trade?