Elementary Economic Theory

Author : Thomas Kr Urdahl
Publisher : Forgotten Books
ISBN 13 : 9781330020487
Total Pages : 410 pages
Book Rating : 4.0/5 (24 download)

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Download or read book Elementary Economics Manual Consisting of Definitions, Quiz Questions, Problems and Summaries of Economic Theories written by Thomas Kr Urdahl and published by Forgotten Books. This book was released on 2015-06-02 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Elementary Economics Manual Consisting of Definitions, Quiz Questions, Problems and Summaries of Economic Theories The primary purpose of this manual is to meet the needs of the classes in elementary economics in the University of Wisconsin. It is the fifth revision and enlargement of a syllabus printed by the author for the use of his students in Washington and Lee University in 1908. Each revision has involved changes to remedy defects which actual experience in the class room have revealed. Some new problems and quiz questions have also been suggested from time to time by members of the teaching staff and have finally become incorporated in the sets of problems found in this book. This manual is based upon and designed for use in connection with Ely's Outlines of Economics. All the chapter headings and chapter numbers follow this text, with the exception of the chapters on Labor which are arranged with special reference to chapters 6, 7, 8, 9 and 10 in Carlton's History and Problems of Organized Labor. Outlines of recent laws such as the Federal Reserve Act, the Newlands Arbitration law and the new Anti-Trust Act, have also been included in order to make possible uniform required readings on these subjects. While the definitions and summaries may be considered very dogmatic when viewed from the standpoint of advanced economic theory, it appears to the writer that a larger amount of positiveness is necessary when teaching beginners than is advisable in advanced courses. Collateral reading and class discussion is relied upon to bring out the controversial aspects of the theories outlined. The definitions and summaries are intended primarily to give definiteness and unity to the teaching in the quiz sections. Some of the definitions are the result of compromises growing out of discussions carried on in the weekly conferences of the instructors in charge of quiz sections in the course. Among the men who in this way have directly and indirectly contributed to this work are: Mr. Lee Bidgood, Professor of Political Economy, University of Alabama. Mr. F. H. Bird, Expert with the Federal Relations Commission. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.