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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 Table of Contents
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