A comprehensive, easily accessible introduction to economics for those with no previous background in the Subject. Preface, Economic Policy in the 1990s, What Makes Nations Grow?, The Market System and Competition, The Market System in Action, Market Demand and the Pricing Decision, The Firm in a competitive Market, The Economic of Market Power, Market Structure and Competition and Policy and Privatization, Government Intervention and the Market System, Business and the Environment, The Macroeconomic Framework, Inflation and Central Banks, Understanding Interest Rates and Monetary Policy, Unemployment, Fiscal Policy and Budget Deficits and Government Debt, Business Fluctuations and Forecasting, The Global Economy, Foreign Trade: Patterns and Policy, Capital Flows and Foreign Investment and Labor Migration, The Balance of Payments: What it is and Why it Matters, Coping with Exchange Rates, Exchange Rates Regimes, Index.