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PART 1: AN INTRODUCTION TO ECONOMICS and THE ECONOMY
To the Student
1 Limits, Alternatives, and Choices (+ Appendix)
2 The Market System and the Circular Flow
PART 2: PRICE, QUANTITY, AND EFFICIENCY
3Demand, Supply, and Market Equilibrium (+ Appendix)
4 Elasticity
5 Market Failures: Public Goods and Externalities
PART 3: MICROECONOMICS of PRODUCT MARKETS
6Consumer Behavior (+ Appendix)
7Businesses and the Costs of Production
8Pure Competition in the Short Run
9 Pure Competition in the Long Run
10Pure Monopoly
11Monopolistic Competition and Oligopoly (+ Appendix)
11wTechnology, R&D, and Efficiency
PART 4: MICROECONOMICS of RESOURCE MARKETS
12The Demand for Resources
13Wage Determination (+ Appendix)
14Rent, Interest, and Profit
15Natural Resource and Energy Economics
PART 5: MICROECONOMICS of GOVERNMENT
16 Public Finance: Expenditures and Taxes
17 Asymmetric Information, Voting, and Public Choice
PART 6: MICROECONOMIC ISSUES and POLICIES
18Antitrust Policy and Regulation
19Agriculture: Economics and Policy
20Income Inequality, Poverty, and Discrimination
21Health Care
22Immigration
PART 7: GDP, GROWTH, AND INSTABILITY
23An Introduction to Macroeconomics
24 Measuring Domestic Output and National Income
25Economic Growth
26 Business Cycles, Unemployment, and Inflation
PART 8: MACROECONOMIC MODELS and FISCAL POLICY
27 Basic Macroeconomic Relationships
28 The Aggregate Expenditures Model
29 Aggregate Demand and Aggregate Supply (+ Appendix)
30Fiscal Policy, Deficits, and Debt
PART 9: MONEY, BANKING, and MONETARY POLICY
31 Money, Banking, and Financial Institutions
32Money Creation
33Interest Rates and Monetary Policy
34Financial Economics
PART 10: EXTENSIONS and ISSUES
35Extending the Analysis of Aggregate Supply
36Current Issues in Macro Theory and Policy
PART 11: INTERNATIONAL ECONOMICS
37International Trade
38The Balance of Payments, Exchange Rates, and Trade Deficits
39wThe Economics of Developing Countries
OPTIONAL CONTENT FOR INSTRUCTORS(Available for instructors on the OLC)
COI 1The United States and the Global Economy
COI 2Previous International Exchange-Rate Systems
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