TABLE OF CONTENTS

PART ONE: INTRODUCTION TO ECONOMICS AND THE ECONOMY
1. Limits, Alternatives, and Choices
2. The Market System and the Circular Flow
PART TWO: PRICE, QUANTITY, AND EFFICIENCY
3. Demand, Supply, and Market Equilibrium
4. Market Failures Caused by Externalities and Asymmetric Information
5. Public Goods, Public Choice, and Government Failure
PART THREE: CONSUMER BEHAVIOR
6. Elasticity
7. Utility Maximization
8. Behavioral Economics
PART FOUR: MICROECONOMICS OF PRODUCT MARKETS
9. Businesses and the Costs of Production
10. Pure Competition
11. Pure Monopoly
12. Monopolistic Competition
13. Oligopoly and Strategic Behavior
14. Internet Oligopoly: Networks and Platforms
15. Technology, R&D, and Efficiency
PART FIVE: MICROECONOMICS OF RESOURCE MARKETS
AND GOVERNMENT
16. The Demand for Resources
17. Wage Determination
18. Rent, Interest, and Profit
19. Environmental Economics
20. Public Finance: Expenditures and Taxes
PART SIX: MICROECONOMIC ISSUES AND POLICIES
21. Antitrust Policy and Regulation
22. Agriculture: Economics and Policy
23. Income Inequality, Poverty, and Discrimination
24. Health Care
25. Immigration
PART SEVEN: GDP, GROWTH, AND INSTABILITY
26. An Introduction to Macroeconomics
27. Measuring Domestic Output and National Income
28. Economic Growth
29. Business Cycles, Unemployment, and Inflation
PART EIGHT: MACROECONOMIC MODELS AND FISCAL POLICY
30. Basic Macroeconomic Relationships
31. The Aggregate Expenditures Model
32. Aggregate Demand and Aggregate Supply
33. Fiscal Policy, Deficits, and Debt
PART NINE: MONEY, INTEREST RATES, AND MONETARY POLICY
34. Money, the Federal Reserve, and Interest Rates
35. Monetary Policy, GDP, and the Price Level
36. Financial Economics
PART TEN: EXTENSIONS AND ISSUES
37. Extending the Analysis of Aggregate Supply
38. Current Issues in Macro Theory and Policy
PART ELEVEN: INTERNATIONAL ECONOMICS
39. International Trade
40. The Balance of Payments, Exchange Rates, and Trade Deficits
41. The Economics of Developing Countries