Table of Contents

PAGE
Preface[vii]
First Lesson—Economics[1]
Second Lesson—Money[9]
Third Lesson—Trade[17]
Fourth Lesson—The Basic Facts[27]
Fifth Lesson—The Productive Process[40]
I. Human Factors[42]
II. Natural Resource Factors[50]
III. Artificial Objects[52]
IV. Secondary Categories[56]
1—Capital[56]
2—Trade[60]
3—Utility, Value, Money, Price, Banks[63]
4—Balances of Trade[67]
V. An Illustration of the Productive Process[70]
Sixth Lesson—Distribution[74]
I. Wages for Labor[75]
II. Rent for Landownership[83]
III. Trade[91]
IV. Money[94]
Seventh Lesson—Review[97]
Questions for Self-Examination[101]
Personal Acknowledgments[103]