Economics

PART 1: AN INTRODUCTION TO ECONOMICS AND THE ECONOMY
Chapter 1 Limits, Alternatives, and Choices (+ Appendix)
Chapter 2 The Market System and the Circular Flow

PART 2: PRICE, QUANTITY, AND EFFICIENCY
Chapter 3 Demand, Supply, and Market Equilibrium (+ Appendix)
Chapter 4 Market Failures: Public Goods and Externalities
Chapter 5 Government’s Role and Government Failure

PART 3: CONSUMER BEHAVIOR
Chapter 6 Elasticity
Chapter 7 Utility Maximization
Chapter 8 Behavioral Economics

PART 4: MICROECONOMICS OF PRODUCT MARKETS
Chapter 9 Businesses and the Costs of Production
Chapter 10 Pure Competition in the Short Run
Chapter 11 Pure Competition in the Long Run
Chapter 12 Pure Monopoly
Chapter 13 Monopolistic Competition and Oligopoly (+ Appendix)
Chapter 13W Technology, R&D, and Efficiency

PART 5: MICROECONOMICS OF RESOURCE MARKETS AND GOVERNMENT
Chapter 14 The Demand for Resources
Chapter 15 Wage Determination (+ Appendix)
Chapter 16 Rent, Interest, and Profit
Chapter 17 Natural Resource and Energy Economics
Chapter 18 Public Finance: Expenditures and Taxes

PART 6: MICROECONOMIC ISSUES AND POLICIES
Chapter 19 Antitrust Policy and Regulation
Chapter 20 Agriculture: Economics and Policy
Chapter 21 Income Inequality, Poverty, and Discrimination
Chapter 22 Health Care
Chapter 23 Immigration

PART 7: GDP, GROWTH, AND INSTABILITY
Chapter 24 An Introduction to Macroeconomics
Chapter 25 Measuring Domestic Output and National Income
Chapter 26 Economic Growth
Chapter 27 Business Cycles, Unemployment, and Inflation

PART 8: MACROECONOMIC MODELS AND FISCAL POLICY
Chapter 28 Basic Macroeconomic Relationships
Chapter 29 The Aggregate Expenditures Model
Chapter 30 Aggregate Demand and Aggregate Supply (+ Appendix)
Chapter 31 Fiscal Policy, Deficits, and Debt

PART 9: MONEY, BANKING, AND MONETARY POLICY
Chapter 32 Money, Banking, and Financial Institutions
Chapter 33 Money Creation
Chapter 34 Interest Rates and Monetary Policy
Chapter 35 Financial Economics

PART 10: EXTENSIONS AND ISSUES
Chapter 36 Extending the Analysis of Aggregate Supply
Chapter 37 Current Issues in Macro Theory and Policy

PART 11: INTERNATIONAL ECONOMICS
Chapter 38 International Trade
Chapter 39 The Balance of Payments, Exchange Rates, and Trade Deficits
Chapter 39W The Economics of Developing Countries

OPTIONAL CONTENT FOR INSTRUCTORS
COI 1 The United States and the Global Economy
COI 2 Previous International Exchange-Rate Systems