Principles of Economics Vol. - 1

Preliminary Survey The Substance of Economics Economic Generalizations or Laws The Order and Aims of Economic Studies Some Fundamental Notions Wealth Production. Consumption. Labour. Necessaries Income. Capital On Wants and Their Satisfaction Introductory Wants in Relation to Activities Gradations of Consumers' Demand The Elasticity of Wants Choice between Different Uses of the Same Thing.Immediate and Deferred Uses Value and Utility The Agents of Production. Land, Labour, Capital and Organization The Fertility of Land The Fertility of Land, Continued. The Tendency to Diminishing Return The Growth of Population The Health and Strength of the Population Industrial Training The Growth of Wealth Industrial Organization Industrial Organization, Continued. Division of Labour. The Influence of Machinery Industrial Organization, Continued. The Concentration of Specialized Industries in Particular Localities Industrial Organization, Continued. Production on a Large Scale Industrial Organization, Continued. Business Management Conclusion. Correlation of the Tendencies to Increasing and to Diminishing Return General Relations of Demand, Supply, and Value Introductory. On Markets Temporary Equilibrium of Demand and Supply Equilibrium of Normal Demand and Supply The Investment and Distribution of Resources Equilibrium of Normal Demand and Supply, Continued, with Reference to Long and Short Periods Joint and Composite Demand. Joint and Composite Supply Prime and Total Cost in Relation to Joint Products. Cost of Marketing. Insurance Against Risk. Cost of Reproduction Marginal Costs in Relation to Values. General Principles Marginal Costs in Relation to Values. General Principles, Continued Marginal Costs in Relation to Agricultural Values Marginal Costs in Relation to Urban Values Equilibrium of Normal Demand and Supply, Continued, with Reference to the Law of Increasing Return Theory of Changes of Normal Demand and Supply in Relation to the Doctrine of Maximum Satisfaction The Theory of Monopolies Summary of the General Theory of Equilibrium of Demand and Supply