>> Table of
contents
Part 1: Introduction and Key Principles
1. Introduction: What is Economics?
>> 36 | 147
2. Key Principles of Economics
>> 70
3. Exchange and Markets
>> 4 | 30 | 50 | 79 | 85 | 103
4. Supply, Demand, and Market Equilibrium
>> 29 | 45 | 66 | 68 | 74 | 82 | 90 | 99 | 100 | 104 | 106 | 108 | 111 | 131 | 145
Part 2: A Closer Look at Supply and Demand
5. Elasticity: A Measure of Responsiveness
>> 92 | 98 | 109 | 144
6. Consumer Choice
7. Market Efficiency and Government Intervention
>> 105
Part 3: Information and Externalities
8. Imperfect Information: Adverse Selection and Moral Hazard
>> 8 | 142
9. Environmental Policy
>> 7 | 20 | 61
10. Public Goods and Public Choice
>> 33 | 62 | 77 | 88 | 114 | 135
Part 4: Market Structures and Pricing
11. Production Technology and Cost
>> 116
12. Perfect Competition
>> 87 | 124 | 155
13. Monopoly and Price Discrimination
>> 10 | 52 | 73 | 148
14. Market Entry and Monopolistic Competition
>> 44 | 86 | 89 | 97 | 139
15. Oligopoly and Strategic Behavior
>> 5 | 26 | 84 | 146
16. Market Structure and Public Policy
>> 42 | 55 | 76
Part 5: The Labor Market and Income Distribution
17. The Labor Market and the Distribution of Income
>> 22 | 65 | 71 | 81 | 113 | 134 | 136
18. Beyond Perfect Competition: Unions, Monopsony, and Imperfect Information
Part 6: The Basic Concepts in Macroeconomics
19. Measuring a Nation’s Production and Income
>> 9 | 16 | 21 | 95 | 110 | 117 | 120 | 138 | 121 | 153
20. Unemployment and Inflation
>> 1 | 2 | 12 | 24 | 31 | 35 | 49 | 63 | 141 | 154
Part 7: The Economy in the Long Run
21. The Economy at Full Employment
22. Why Do Economies Grow?
>> 11 | 48 | 51 | 54 | 80 | 93 | 107 | 132 | 143 | 152
Part 8: Economic Fluctuations and Fiscal Policy
23. Aggregate Demand and Aggregate Supply
>> 3 | 19 | 34 | 123
24. Fiscal Policy
>> 57 | 115 | 119 | 137
25. The Income Expenditure Model
26. Investment and Financial Intermediation
>> 18 | 27 | 43 | 72 | 83 | 91 | 140
Part 9: Money, Banking, and Monetary Policy
27. Money and the Banking System
>> 17 | 28 | 32 | 53
28. The Federal Reserve and Monetary Policy
>> 59 | 60 | 118 | 133
Part 10: Inflation, Unemployment, and Economic Policy
29. From the Short Run to the Long Run
30. The Dynamics of Inflation and Unemployment
>> 13 | 58 | 101
31. Current Issues in Macroeconomic Policy
>> 15 | 37 | 56 | 150
Part 11: The International Economy
32. International Trade and Public Policy
>> 14 | 41 | 67 | 75 | 78 | 94 | 102 | 125 | 149 | 151
33. The World of International Finance
>> 6 | 25 | 38 | 47 | 64 | 96
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