Basic economics : with taxation and land reform
/ Andres R. Delos Santos [and six others]
- vi, 200 pages : illustrations
Includes bibliographical references.
Nature and scope of economics : what is economics? The relation of economics to other social sciences Economics as a science Economics as scarcity Economics as a science of choice Branches of economics Positive and normative economics Demand and supply analysis : demand Changes brought by price factor Changes brought by non-price factor: income Population Taste and references Price expectation Price of related goods Supply Supply schedule for the commodity Supply curve Changes in supply brought by price factors Changes in supply brought by non-price factors Demand and supply equilibrium Effect of change in demand and supply Elasticities of demand and supply : elasticities of demand and supply Price elasticity of supply Factors affecting demand elasticity Income elasticity of demands Cross price elasticity of demands Theory of consumer behavior : utility of satisfaction Indifference curve Budget constraints Consumer equilibrium Theory of production and cost : the market forces of supply and demand Economics versus accounting profit The various measures of cost Hypothetical cost of schedule Market structure : market structure Different market situations Oligopoly Monopolistic competition Inflation Inflation Theories of inflation Measurement of price increases Philippine inflation rate Inflation rate Labor and employment : labor problems Forms of unemployment Subdivisions of underemployment Objectives and policies of labor and employment National income accounting : Gross national product Consumption goods and services Net factor income from abroad GNP accounting income approach Overview of the national accounts of the Philippines Economic development vs economic growth : comparison chart Growth and development Theories of economic development Business organization : nature and scope organization Basic form of ownership Universally accepted principles of cooperative Importance of business organization Characteristics of an ideal form of business organization Types of business operations What is the business cycle Taxation Kinds of taxes under existing law Characteristics of sound tax system Classification of taxes Limitations on the power of taxation Kinds of taxes under existing law Types of gross income Allowable deductions from gross income Persons required to file VAT returns Incomes subject to final income tax Agrarian reform : aspect of agrarian reform The objectives of agrarian reform Basic elements of agrarian reform program Agrarian reform in the Philippines Agrarian reform laws and acts in the Philippines Lands covered by CARL Lands outside the coverage of CARL