Practice problems in economics for the use of elementary students

Preface

The author's object in preparing this collection of problems was to give to elementary students, in advance of the class-room exercises, an opportunity to develop and apply, independently the fundamental principles in economics. In some cases the problems have been drawn from required readings in standard text-books and for these it is recommended that the student be held , strictly accountable. In the majority of cases, however, the problems are nothing more than. simple suggestions designed to clarify text-book readings and above all to stimulate independent thinking.

It is hoped that the collection will serve- not only as a valuable guide fox elementary classes but also as a means of enabling the student to reconcile the facts of every-day economic activity, witfi the theories which, attempt to explain them.

GEORGE E. PUTNAM.