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Abstract

Economics is concerned with three main problems, all arising from the basic fact of scarcity: the allocation, full employment and growth of resources. This book concentrates on the macro-economic problems of employment and growth, problems concerning the whole economy, as opposed to the micro-economic problem of allocation, which concerns particular parts of the economy.

Keywords

Consumption Expenditure Consumption Good Full Employment Annual Output Investment Good 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© J. Harvey and Janet Johnson 1973

Authors and Affiliations

  • J. Harvey
    • 1
  • M. Johnson
    • 2
  1. 1.University of ReadingUK
  2. 2.Hatfield PolytechnicUK

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