A Course in Applied Economics

The common element in all the varied problems of applied economics is the application of economic analysis to the facts of an actual situation. This book shows how economic analysis is used in this way, by bringing each of tis main branches to bear upon some practical problem. Thus the analysis of supply and demand is applied to the control of monopoly, that of the pricing system as a whole to the pricing policy of public enterprises, or again that of international trade to the use of devaluation. The problems are all of present importance, so that together they provide a comprehensive introduction to the role of economics in contemporary policy. Wear and tear to D/J. Piece missing from D/J.