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Table of Contents

PART ONE

Introduction

Chapter 1 What Is Economics?

Chapter 2 The Economic Problem

PART TWO

How Markets Work

Chapter 3 Demand and Supply

Chapter 4 Elasticity

Chapter 5 Efficiency and Equity

Chapter 6 Government Actions in Markets

Chapter 7 Global Markets in Action

PART THREE

Households’ Choices

Chapter 8 Utility and Demand

Chapter 9 Possibilities, Preferences, and

Choices

PART FOUR

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 FIVE

Market Failure and Government

Chapter 16 Public Choices, Public Goods, and

Healthcare

Chapter 17 Externalities

PART SIX

Factor Markets, Inequality,

and Uncertainty

Chapter 18 Markets for Factors of Production

Chapter 19 Economic Inequality

Chapter 20 Uncertainty and Information

PART SEVEN

Monitoring Macroeconomic

Performance

Chapter 21 Measuring GDP and Economic

Growth

Chapter 22 Monitoring Jobs and Inflation

PART EIGHT

Macroeconomic Trends

Chapter 23 Economic Growth

Chapter 24 Finance, Saving, and Investment

Chapter 25 Money, the Price Level, and

Inflation

Chapter 26 The Exchange Rate and the Balance

of Payments

PART NINE

Macroeconomic Fluctuations

Chapter 27 Aggregate Supply and Aggregate

Demand

Chapter 28 Expenditure Multipliers

Chapter 29 The Business Cycle, Inflation, and

Deflation

PART TEN

Macroeconomic Policy

Chapter 30 Fiscal Policy

Chapter 31 Monetary Policy

 

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