1.THE NATURE AND TASKS OF MARKET THEORY 1
2.THE MARKET:ITS STRUCTURE AND OPERATION 13
3.EFFICIENCY,COORDINATION,AND THE MARKET ECONOMY 33
4.UTILITY THEORY 45
5.CONSUMER INCOME ALLOCATION 63
6.MARKET DEMAND 85
7.MARKET PROCESS IN A PURE EXCHANGE ECONOMY 105
8.PRODUCTION THEORY 142
9.COSTS AND SUPPLY 183
10.PARTIAL MARKET PROCESSES—THE DETERMINATION OF PRODUCT PRICES AND FACTOR PRICES 210
11.THE GENERAL MARKET PROCESS 236
12.MONOPOLY AND COMPETITION IN THE MARKET 265
18.THE PRICE SYSTEM AND THE ALLOCATION OF RESOURCES 297
APPENDIX:THE APPLICATION OF MARKET THEORY TO MULTI-PERIOD PLANNING 311
INDEX 321