Economic analysis

The development of economics, and the development of my own thinking during the seven years which have clapsed since the appearance of the first edition of Economic Analysis, have led me to make considerable changes in both content and organization, and for the benefit of those who may be already familiar with the first edition the principal changes are indicated below. In regard first to organization, the book is now divided into four

parts instead of two. Part One (Chapters 1 to 12) is essentially the same as as the first twelve chapters in the first edition, with some minor additions and corrections. Part Two (Macroeconomics, Chapters 13 to 19) contains most of the substance of Chapters 18 to 17 in the first edition but has been rewritten and expanded. Part Three (The Marginal Analysis. Chapters 20 to 30) consists essentially of the "elementary" chapters of Part Two in the first edition, the eleven chapters in the first edition numbered 18, 19, 20, 21, 22, 24, 25, 27, 28, 29, and 34, in that order. Part Four (More Advanced Analysis, Chapters 31 to 37) consists essentially of the "advanced" chapters in the old Part Two. Chapters 31, 32, and 33. which are new, correspond to old Chapters 23, 26, and 30. Chapter 34 is mostly new material. Chapters 35. 36, and 37 correspond to old Chapters 31, 32, and 33. with considerable new material added. The Appendix, The Literature of Economics, is new.