Understanding economics

ch. 1. Why study economics?

ch. 2. Definition, character, and misuse of economics

ch. 3. How some basic things are determined by an economic system

ch. 4. Caeteris paribus and prediction

ch. 5. Production possibilities frontier

ch. 6. Wants, resources, technology, productive units

ch. 7. Economic principle

ch. 8. Dehumanized utility function and rationality

ch. 9. Human ends

ch. 10. Individual and social decision-making

ch. 11. Price determination

ch. 12. Elasticities of demand and supply

ch. 13. Market prices and social values

ch. 14. Perfect competition norm

ch. 15. Invisible hand

ch. 16. Influence and safety of finance

ch. 17. Firm and profit maximization

ch. 18. Oligopoly, stability, and public policy

ch. 19. Expectations, uncertainties, and probabilities

ch. 20. Externalities and efficiency

ch. 21. Responsibility to stockholders and others

ch. 22. Functional income distribution theory

ch. 23. Minimum wage law

ch. 24. Marginal productivity as an implicit ethical norm

ch. 25. More on the distribution of income and wealth

ch. 26. Equity-efficiency trade-off

ch. 27. Aggregate demand and supply

ch. 28. That Keynesian revolution controversy again

ch. 29. Welfare state

ch. 30. Inflation and stagflation

ch. 31. Rules versus discretion in macroeconomic policy

ch. 32. International economic relations

ch. 33. International monetary system

ch. 34. Economic roles of government

ch. 35. Comparative economic systems

ch. 36. Economic development

ch. 37. Growth and sustainable economies

ch. 38. What picture of social problems?

ch. 39. Relation to social philosophy

ch. 40. Humanistic economics is needed.