Includes bibliographical references, glossary and index. Seth, S. (Ed.). (2016). Economics (1st ed.). New York, NY: Britannica Educational Publishing.

Introduction -- Chapter 1: Foundations of Economics -- Definition -- Scarcity: Resource Limitations and Allocation --The Price System -- Supply and Demand -- Chapter 2: The Historical Development of Economics -- The Unintended Effects of Markets -- Construction of a System -- Marxism -- The Marginalists -- The Critics -- Keynesian Economics -- Postwar Developments -- Radical Critiques -- Chapter 3: Methodological Considerations in Contemporary Economics -- Methods of Inference -- Testing Theories -- Microeconomics -- Macroeconomics -- Neoclassical Economics -- Chapter 4: Fields of Contemporary Economics -- Money -- Growth and Development -- Public Finance -- International Economics -- Labour -- Industrial Organization -- Agriculture -- Law and Economics -- Information Economics -- Financial Economics -- Other Schools and Fields of Economics -- Chapter 5: The Evolution of Economic Systems: Prehistory to state Capitalism -- Prehistoric and Preliterate Economic Systems -- Centralized States -- Precondition for Market Society -- From Mercantilism to Commercial Capitalism -- From Commercial to Industrial Capitalism -- From Industrial to State Capitalism -- Chapter 6: Criticism of Capitalism and Centrally Planned Systems -- The Unreliability of Growth -- The Quality of Growth -- Equity -- Corrective Measures -- Centrally Planned Systems -- Conclusion