TY - BOOK AU - Rasmussen, David W. AU - Haworth, Charles T. TI - Elements of economics SN - 574194509 AV - HB 171.5 .R37 1984 PY - 1984/// CY - Chicago PB - Science Research Associates KW - ECONOMICS N1 - Includes index; Part I. Introduction -- Part II. Macroeconomics -- Part III. Microeconomics -- Part IV. Government and Resource Allocation N2 - Economic theory, we believe, is a body of thought with clear applications, a tool that can be used to explain and predict economic phenomena. Governments use these explanations and predictions to try to control economic conditions (such as unemployment, inflation, and pollution) and to improve the standard of living. Throughout this book, we emphasize the practical applications of economic theory, while at the same time indicating the complexity of economic problems ER -