World population growth and the economic factors governing international migration are among the issues that are discussed here. Using comparative studies from the UK and USA, the problems of defining and comparing industrial and general efficiency in different economies are also discussed.

Among the issues discussed in "Applied Economics" are world population growth and the economic factors governing international migration - issues that are as pertinent today as when the book was originally published. The problems of defining and comparing industrial and general efficiency in different economies are also discussed, using comparative studies from the UK and USA. The opportunities for analysing the pattern of world trade and the reasons for the varying degrees of national dependence on external trade, as well as the concentration of world export in particular channels are also examined.

1. STUDIES IN RE-ARMAMENT 1. German Re-Armament, 1932-41 2. The Re-Armament of the USSR, 1934-41 3. Economic Factors connected with the Collapse of France in 1940 4. Pre-War Armament Expenditure 2. ECONOMIC WAR EFFORTS 1. The United Kingdom, 1914-18 and 1939-44 2. The United States, 1939-44 3. Germany, 1939-44 4. The USSR 5. Japan 6. The British Dominions 7. The World at War 3. WARTIME INFLATION 1. What is Inflation? 2. Some Outline Case-Studies 4. WORLD POPULATION STUDIES 1. The Economic Significance of Some Trends in Natural Increase 2. The Prospects of International Migration 5. INDUSTRIAL EFFICIENCY AND NATIONAL ADVANTAGES 1. What is Efficiency? 2. Some Comparisons of Productivity 3. Old Industries 4. New Industries i. Synthetic Rubber ii. Plastics iii. Synthetic Rubber and Plastics 6. STUDIES OF INTERNATIONAL TRADE 1. The Great Industrial Exporters 2. Some Aspects of the Pattern of World Trade i. Degrees of Dependence on International Trade ii. Some Reflections on Trade Patterns 7. THE ECONOMIC IMPACT OF ATOMIC ENERGY 1. The Nature of Atomic Power-Stations 2. The Impact on the Location of Population and Industry 3. The Effects of Cheap Fuel 4. Existing Power-Sources and Future Demand