PART ONE THE BASIC CONCEPTS OF ECONOMICS 3
Lesson one Subject Matter and Method of Political Economy 3
Lesson Two Problems of Economic Organization 8
Supplementary Reading How a Free Enterprise System Solves the Basic Economic Problems 13
Lesson Three The Skyscraper Economics 16
Supplementary Reading World Business 22
Lesson Four OPEC's Petrol Power Seeps Away 24
Supplementary Reading Why the U.S. Needs a Synthetic Fuel Industry 31
Lesson Five How Economists Do Their Work 34
Lesson Six What is Managerial Economics 41
Supplementary Reading The Eight Successful Attributes(Ⅰ) 47
Lesson Seven England's Industrial Evolution 51
Supplementery Reading The Eight Successful Attributes (Ⅱ) 58
Lesson Eight What is Statistics 62
Supplementary Reading The British Disease 66
Lesson Nine Evaluation and Forecasting of Western Economic Theory 69
Lesson Ten Europe's Mixed Economies 75
Supplementary Reading Government Economic Planning 81
Lesson Eleven The Classical System 85
Supplementary Reading Adam Smith 91
Lesson Twelve Picka Doctrine 93
Supplementary Reading Econometric Model 100
PART TWO INSURANCE FUNDAMENTALS 105
Lesson Thirteen Insurance 105
Supplementary Reading What is Insurance 112
Lesson Fourteen The Law of Agency 114
Supplementary Reading The Duties of an Insurance Agent 118
Lesson Firteen The Benefits and Costs to Society of Operating Insurance Systems 123
Supplementary Reading Lloyd's of London 129
Lesson Sixteen Two Different Types of Insurance Companies 134
Supplementary Reading Several Terms 143
Lesson Seventeen Trade Terms—CIF 145
Lesson Eighteen Risk 153
Supplementary Reading Social Security is an Insurance System 160
Lesson Nineteen Loss Adjusters 162
Supplementary Reading Underwriter 168
Lesson Twenty A Brief History of Social Insurance 172
Supplementary Reading Government and Insurance 179
Lesson Twenty-One Auditing Introduction 185
PART THREE THE BASIC CONCEPTS OF AUDITING 185
Supplementary Reading Key Terms In Auditing 191
Lesson Twenty-Two Types of Audits 194
Supplementary Reading Attest Function 199
Lesson Twenty-Three The Meaning of Internal Control 207
Supplementary Reading Fidelity Bonds 212
Lesson Twenty-Four Responsibilities of CPA 217
Supplementary Reading Definition of Terms 221
Lesson Twenty-Five Professional Ethics 226
Supplementary Reading Securities and Exchange Commission 230
Lesson Twenty-Six Preemptive Auditing 233
Supplementary Reading Major Auditing Developments of the 20th Century 238
Lesson Twenty-Seven Business Transaction and Financiai Statements 240
Supplementary Reading Expense and Expenditure 247