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Table of Contents
Part 1: Introduction
Chapter 1: What Is Economics?
Chapter 2: The Economics Problem
Part 2: How Markets Work
Chapter 3: Demand and Supply
Chapter 4: Elasticity
Chapter 5: Efficiency and Equity
Chapter 6: Governments Actions in Markets
Chapter 7: Global Markets in Action
Part 3: Households’ Choices
Chapter 8: Utility and Demand
Chapter 9: Possibilities, Preferences, and Choices
Part 4: Firms and Markets
Chapter 10: Organizing Production
Chapter 11: Output and Costs
Chapter 12: Perfect Competition
Chapter 13: Monopoly
Chapter 14: Monopolistic Competition
Chapter 15: Oligopoly
Part 5: Market Failure and Government
Chapter 16: Externalities
Chapter 17: Public Goods and Common Resources
Part 6: Factor Markets and Inequality
Chapter 18: Markets for Factors of Production
Chapter 19: Economic Inequality
Part 7: Monitoring Macroeconomic Trends and Fluctuations
Chapter 20: Measuring GDP and Economic Growth
Chapter 21: Monitoring Jobs and Inflation
Part 8: Macroeconomic Trends
Chapter 22: Economic Growth
Chapter 23: Finance, Saving, and Investment
Chapter 24: Money, the Price Level, and Inflation
Chapter 25: The Exchange Rate and the Balance of Payments
Part 9: Macroeconomic Fluctuations
Chapter 26: Aggregate Supply and Aggregate Demand
Chapter 27: Expenditure Multipliers: The Keynesian Model
Chapter 28: Canadian Inflation, Unemployment, and Business Cycle
Part 10: Macroeconomic Policy
Chapter 29: Fiscal Policy
Chapter 30: Monetary Policy