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Table of Contents

Part 1: The Basic Building Blocks

1. Fundamental Concepts in Economics

2. Cost-Benefit Analysis and the Value of Life

3. Basic Game Theory: Games Between Two Players

4. Game Theory: Games Between Three or More Players

 

Part 2: Markets and Government: A Recipe for Producing Wealth

5. Free Exchange: Individual and International Trade

6. The Market System: Functions, Structure, and Institutions

 

Part 3: The Environment: Property Rights, Transactions Costs, and the Role of Government

7. The Nature of Pollution Problems

8. Government Policies to Regulate Pollution

9. Resource Depletion and Sustainability

 

Part 4: Public Goods and the Public Sector

10. Public Goods and the Role of Government

11. Public Goods: Tackling Large Projects and Eminent Domain

12. The Volunteer's Dilemma: A Collective Inaction Problem

13. Voting:  You Can’t Always Get What You Want

 

Part 5: Health Care and Discrimination: Problems of Incomplete Information

14. The Economics of Health Insurance and Health Care

15. Segregation and Discrimination

 

Part 6: Macroeconomics

16. Gross Domestic Product and the Wealth of Nations:  An Introduction to the Macroeconomy

17. Unemployment

18. An Introduction to Money, Banks, and the Financial System

19. The Federal Reserve: Monetary Policy, Economic Activity, and Inflation

20. The Federal Government: Taxes, Spending, and Fiscal Policy

21. Income Inequality and the Redistribution of Income

 

Appendix:  Demand and Supply and Elasticity

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