Schaum’s outline of theory and problems of principles of economics / Dominick Salvatore, Eugene A. Diulio.

Includes index.

Introduction to economics; the economic problem; demand, supply and equilibrium; introduction to macroeconomics; unemployment, inflation and national income; consumption, investment and net exports; traditional Keynesian approach to equilibrium output; fiscal policy; money and banking; the federal reserve and the money supply; monetary and fiscal policy; inflation, unemployment, deficits and debt; economic growth and productivity; demand, supply and elasticity; the theory of consumer demand and utility; costs of production; price and output - monopoly; price and output - monopolistic competition and oligopoly; production and the demand for economic resources; wage determination; rent, interest and profits.

This self-study guide to economics is designed for all introductory economics courses at degree level. Each topic has a brief introduction, and the book includes solved problems, each containing a step-by-step solution. Additional supplementary problems with simple answer are included.