This revision and expansion of the 1966 edition of the student materials, ED 040 101, is comprised of student workbook and text for Unit I. As an introduction to economics, it is designed to provide a frame of reference for the study of contemporary economic problems. It is a careful study of such concepts as scarcity, wants, resources, and…

This revision and expansion of the 1966 edition of the student materials, ED 040 101, is comprised of a student workbook and text for Unit II. It is a careful study of the structure and performance of the United States Market system including the aspects of how market competition between buyers and sellers affects resource allocation, what is…