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Table of Contents
PART 1:Â INTRODUCTION
Chapter 1: Economics: Foundations and Models
Appendix: Using Graphs and Formulas
Chapter 2:Â Trade-offs, Comparative Advantage, and the Market System
Chapter 3:Â Where Prices Come From: The Interaction of Demand and Supply
PART 2:Â MARKETS IN ACTION: POLICY AND APPLICATIONS
Chapter 4: Market Efficiency and Market Failure
Chapter 5:Â The Economics of Healthcare
PART 3:Â MICROECONOMIC FOUNDATIONS: CONSUMERS AND FIRMS
Chapter 6:Â Firms, the Stock Market, and Corporate Governance
Chapter 7:Â Consumer Choice and Elasticity
Chapter 8:Â Technology, Production, and Costs
PART 4: MARKET STRUCTURE AND FIRM STRATEGY
Chapter 9: Firms in Perfectly Competitive Markets
Chapter 10: Monopoly and Antitrust
Chapter 11:Â Monopolistic Competition and Oligopoly
PART 5:Â MACROECONOMIC FOUNDATIONS
Chapter 12:Â GDP: Measuring Total Production and Income
Chapter 13:Â Unemployment and Inflation
PART 6:Â LONG-RUN AND SHORT-RUN FLUCTUATIONS
Chapter 14: Economic Growth, the Financial System and Business Cycles
Chapter 15: Aggregate Demand and Aggregate Supply Analysis
Appendix:Â Schools of Macro Thought
PART 7: MONETARY AND FISCAL POLICY
Chapter 16: Money, Banks, and the Federal Reserve System
Chapter 17:Â Monetary Policy
Chapter 18:Â Fiscal Policy
Chapter 19: Comparative Advantage, International Trade, and Exchange Rates