Principles of economics / Cristobal M. Pagoso, Rosemary P. Dinio and George A. Villsis. --

Include references.

Part One The science of economics -- Chapter 1 Introduction to economic theory 2 -- Chapter 2 The circular flow of economic activity 19 -- Chapter 3 Demand and supply 30 -- Chapter 4 Elasticity of demand and supply 53 -- Part Two Theories of consumer behavior, production, cost and profit -- Chapter 5 Theory of consumer behavior 76 -- Chapter 6 Theory of production 101 -- Chapter 7 Theory of cost and profit 127 -- Part Three Market structure analysis -- Chapter 8 Pure competition 164 -- Chapter 9 Monopoly 183 -- Chapter 10 Monopolistic competition 201 -- Chapter 11 Oligopoly 214 -- Part Four National income analysis Chapter 12 National income accounting 230 -- Chapter 13 Labor and employment 248 -- Chapter 14 Inflation 270 -- Part Five Macroeconomic policies -- Chapter 15 Money and monetary policies 294 -- Chapter 16 Fiscal policy 315 -- Chapter 17 International trade practices and policies 337 -- Chapter 18 The comprehensive agrarian reform program (CARP) 368 --

"This book is designed for undergraduate courses in basic microeconomics and macroeconomics. The primary purpose of the book is to present the principles of price theory and the economics of a nation. An important object of the book is to guide students to be economically literate. Students who make intelligent economic decisions have better chances of improving their economic welfare and can be useful and productive citizens. Preface. " --