Elementary economics / by Gerardo P. Sicat.

Includes index.

Chapter 1.-- Economics and economic development. 2-- Basic economic problems. 3--Three fundamental laws of economics. 4-- Elements of supply and demand. 5-- Applications of supply and demand analysis. 6-- Application of supply and demand : market outcomes and economic welfare. 7-- When the market fails:social costs and externalities. 8-- Costs, supply and the firm. 9-- Monopoly and imperfect competition. 10-- Incomes of the factors of production.11-- Business organization. 12-- Measurement of national income and output. 13-- Other aspects of measuring output and income. 14-- International balance of payments. 15-- Expenditures, saving and income. 16-- Determination of national income and output. 17-- Macroeconomic fundamental . 18-- Prices, money and banking. 19-- The regulation of money. 20-- Saving and the financial system. 21-- Money and output determination. 22-- Exchange rate, money and output: macroeconomic stabilization. 23-- Public expenditure and the budget. 24--Taxation and fiscal policy. 25-- Business cycles, fiscal policy and the public debt. 26- Capital flows, exchange rate, and money. 27-- Economic growth and development. 28-- Public policy and private market imperfections. 29--Competition, monopoly and Philippine industrialization. 30--Monopoly regulation and competition. 31-- Labor wages. 32-- Poverty and income distribution.33-- Foreign direct investment. 34-- Agriculture and development. 35-- Economic of rice and food sufficiency. 36-- Land reform .37-- Finance for small borrowers:Microcredit and informal markets. 38-- Moving forward: Commercial and industrial progress. 39-- The good and fair society: or the "ISMS" of economic order.