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Table of Contents
I. INTRODUCTION
1. The Nature of Economics
2. Scarcity and the World of Trade-Offs
3. Demand and Supply
4. Extensions of Demand and Supply Analysis
5. Public Spending and Public Choice
6. Funding the Public Sector
II. INTRODUCTION TO MACROECONOMICS AND ECONOMIC GROWTH
7. The Macroeconomy. Unemployment, Inflation and Deflation
8. Measuring the Economy’s Performance
9. Global Economic Growth and Development
III. REAL GDP DETERMINATION AND FISCAL POLICY
10. Real GDP and the Price Level in the Long Run
11. Classical and Keynesian Macro Analyses
12. Consumption, Real GDP, and the Multiplier
13. Fiscal Policy
14. Deficit Spending and the Public Debt
IV. MONEY, STABILIZATION AND GROWTH
15. Money, Banking and Central Banking
16. Domestic and International Dimensions of Monetary Policy
17. Stabilization in an Integrated World Economy
18. Policies and Prospects for Global Economic Growth
V. DIMENSIONS OF MICROECONOMICS
19. Demand and Supply Elasticity
20. Consumer Choice
21. Rents, Profits, and the Financial Environment of Business
VI. MARKET STRUCTURE, RESOURCE ALLOCATION, AND REGULATION
22. The Firm. Cost and Output Determination
23. Perfect Competition
24. Monopoly
25. Monopolistic Competition
26. Oligopoly and Strategic Behavior
27. Regulation and Antitrust Policy in a Globalized Economy
VII. LABOR RESOURCES AND THE ENVIRONMENT
28. The Labor Market. Demand, Supply, and Outsourcing
29. Unions and Labor Market Monopoly Power
30. Income, Poverty and Health Care
31. Environmental Economics
VIII. GLOBAL ECONOMICS
32. Comparative Advantage and the Open Economy
33. Exchange Rates and the Balance of Payments
