Preface
A Word of Thanks
Part 1. Introduction
Chapter 1. Economics: Foundations and Models
Chapter 2. Trade-offs, Comparative Advantage, and the Market System
Chapter 3. Where Prices Come From: The Interaction of Demand and Supply
Chapter 4. Economic Efficiency, Government Price Setting, and Taxes
Part 2. Markets in Action: Policy and Applications
Chapter 5. Externalities, Environmental Policy, and Public Goods
Chapter 6. Elasticity: The Responsiveness of Demand and Supply
Chapter 7. The Economics of Health Care
Part 3. Firms in the Domestic and International Economies
Chapter 8. Firms, the Stock Market, and Corporate Governance
Chapter 9. Comparative Advantage and the Gains from International Trade
Part 4. Microeconomic Foundations: Consumers and Firms
Chapter 10. Consumer Choice and Behavioral Economics
Chapter 11. Technology, Production, and Costs
Part 5. Market Structure and Firm Strategy
Chapter 12. Firms in Perfectly Competitive Markets
Chapter 13. Monopolistic Competition: The Competitive Model in a More Realistic Setting
Chapter 14. Oligopoly: Firms in Less Competitive Markets
Chapter 15. Monopoly and Antitrust Policy
Part 6. Labor Markets, Public Choice, and the Distribution of Income
Chapter 16. The Markets for Labor and Other Factors of Production
Chapter 17. Public Choice, Taxes, and the Distribution of Income
Part 7. Macroeconomic Foundations and Long-Run Growth
Chapter 18. GDP: Measuring Total Production and Income
Chapter 19. Unemployment and Inflation
Chapter 20. Economic Growth, the Financial System, and Business Cycles
Chapter 21. Long-Run Economic Growth: Sources and Policies
Part 8. Short-Run Fluctuations
Chapter 22. Aggregate Expenditure and Output in the Short Run
Chapter 23. Aggregate Demand and Aggregate Supply Analysis
Part 9. Monetary and Fiscal Policy
Chapter 24. Money, Banks, and the Federal Reserve System
Chapter 25. Monetary Policy
Chapter 26. Fiscal Policy
Chapter 27. Inflation, Unemployment, and Federal Reserve Policy
Part 10. The International Economy
Chapter 28. Macroeconomics in an Open Economy
Glossary

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