1. Part 1: Introduction to Economics
2. Ch 1: Introducing the Economic Way of Thinking
3. Ch 1: Introduction
4. Ch 1: In This Chapter, You Will Learn to Solve These Economics Puzzles:
5. 1-1: The Problem of Scarcity
6. 1-2: Scarce Resources and Production
7. 1-3: Economics: The Study of Scarcity and Choice
8. 1-4: The Methodology of Economics
9. 1-5: Hazards of the Economic Way of Thinking
10. 1-6: Why Do Economists Disagree?
11. 1-7: Careers in Economics
12. Ch 1: Key Concepts
13. Ch 1: Summary
14. Ch 1: Summary of Conclusion Statements
15. Ch 1: Study Questions and Problems
16. Ch 1: Sample Quiz
17. Appendix to Chapter 1: Applying Graphs to Economics
18. Ch 2: Production Possibilities, Opportunity Cost, and Economic Growth
19. Ch 2: Introduction
20. Ch 2: In This Chapter, You Will Learn to Solve These Economics Puzzles:
21. 2-1: Three Fundamental Economic Questions
22. 2-2: Opportunity Cost
23. 2-3: Marginal Analysis
24. 2-4: The Production Possibilities Curve
25. 2-5: The Law of Increasing Opportunity Costs
26. 2-6: Sources of Economic Growth
27. 2-7: Present Investment and the Future Production Possibilities Curve
28. Ch 2: Key Concepts
29. Ch 2: Summary
30. Ch 2: Summary of Conclusion Statements
31. Ch 2: Study Questions and Problems
32. Ch 2: Sample Quiz
33. Part 1: Road Map
34. Part 2: Microeconomics Fundamentals
35. Ch 3: Market Demand and Supply
36. Ch 3: Introduction
37. Ch 3: In This Chapter, You Will Learn to Solve These Economics Puzzles:
38. 3-1: The Law of Demand
39. 3-2: The Distinction Between Changes in Quantity Demanded and Changes in Demand
40. 3-3: Nonprice Determinants of Demand
41. 3-4: The Law of Supply
42. 3-5: Te Distinction Between Changes in Quantity Supplied and Changes in Supply
43. 3-6: Nonprice Determinants of Supply
44. 3-7: A Market Supply and Demand Analysis
45. Ch 3: Key Concepts
46. Ch 3: Summary
47. Ch 3: Study Questions and Problems
48. Ch 3: Sample Quiz
49. Appendix to Chapter 3: Consumer Surplus, Producer Surplus, and Market Efficiency
50. Ch 4: Markets in Action
51. Ch 4: Introduction
52. Ch 4: In This Chapter, You Will Learn to Solve These Economics Puzzles:
53. 4-1: Changes in Market Equilibrium
54. 4-2: Can the Laws of Supply and Demand Be Repealed?
55. 4-3: Market Failure
56. Ch 4: Key Concepts
57. Ch 4: Summary
58. Ch 4: Summary of Conclusion Statements
59. Ch 4: Study Questions and Problems
60. Ch 4: Sample Quiz
61. Appendix to Chapter 4: Applying Supply and Demand Analysis to Health Care
62. Ch 5: Price Elasticity of Demand and Supply
63. Ch 5: Introduction
64. Ch 5: In This Chapter, You Will Learn to Solve These Economics Puzzles:
65. 5-1: Price Elasticity of Demand
66. 5-2: Price Elasticity of Demand Variations Along a Demand Curve
67. 5-3: Determinants of Price Elasticity of Demand
68. 5-4: Other Elasticity Measures
69. 5-5: Price Elasticity and the Impact of Taxation
70. Ch 5: Key Concepts
71. Ch 5: Summary
72. Ch 5: Summary of Conclusion Statements
73. Ch 5: Study Questions and Problems
74. Ch 5: Sample Quiz
75. Ch 6: Consumer Choice Theory
76. Ch 6: Introduction
77. Ch 6: In This Chapter, You Will Learn to Solve These Economics Puzzles:
78. 6-1: From Utility to the Law of Demand
79. 6-2: Income and Substitution Effects and the Law of Demand
80. Ch 6: Key Concepts
81. Ch 6: Summary
82. Ch 6: Summary of Conclusion Statements
83. Ch 6: Study Questions and Problems
84. Ch 6: Sample Quiz
85. Appendix to Chapter 6: Indifference Curve Analysis
86. Ch 7: Production Costs
87. Ch 7: Introduction
88. Ch 7: In This Chapter, You Will Learn to Solve These Economics Puzzles:
89. 7-1: Costs and Profit
90. 7-2: Short-Run Production Costs
91. 7-3: Short-Run Cost Formulas
92. 7-4: Marginal Cost Relationships
93. 7-5: Long-Run Production Costs
94. Ch 7: Key Concepts
95. Ch 7: Summary
96. Ch 7: Summary of Conclusion Statements
97. Ch 7: Study Questions and Problems
98. Ch 7: Sample Quiz
99. Part 2: Road Map
100. Part 3: Market Structures
101. Ch 8: Perfect Competition
102. Ch 8: Introduction
103. Ch 8: In This Chapter, You Will Learn to Solve These Economics Puzzles:
104. 8-1: Perfect Competition
105. 8-2: Short-Run Profit Maximization for a Perfectly Competitive Firm
106. 8-3: Short-Run Loss Minimization for a Perfectly Competitive Firm
107. 8-4: Short-Run Supply Curves Under Perfect Competition
108. 8-5: Long-Run Supply Curves Under Perfect Competition
109. Ch 8: Key Concepts
110. Ch 8: Summary
111. Ch 8: Summary of Conclusion Statements
112. Ch 8: Study Questions and Problems
113. Ch 8: Sample Quiz
114. Ch 9: Monopoly
115. Ch 9: Introduction
116. Ch 9: In This Chapter, You Will Learn to Solve These Economics Puzzles:
117. 9-1: The Monopoly Market Structure
118. 9-2: Price and Output Decisions for a Monopolist
119. 9-3: Price Discrimination
120. 9-4: Comparing Monopoly and Perfect Competition
121. Ch 9: Key Concepts
122. Ch 9: Summary
123. Ch 9: Summary of Conclusion Statements
124. Ch 9: Study Questions and Problems
125. Ch 9: Sample Quiz
126. Ch 10: Monopolistic Competition and Oligopoly
127. Ch 10: Introduction
128. Ch 10: In This Chapter, You Will Learn to Solve These Economics Puzzles:
129. 10-1: The Monopolistic Competition Market Structure
130. 10-2: Price and Output Decisions for a Monopolistically Competitive Firm
131. 10-3: Comparing Monopolistic Competition and Perfect Competition
132. 10-4: Oligopoly—Competition Among the Few
133. 10-5: Price and Output Decisions for an Oligopolist
134. 10-6: Review of the Four Market Structures
135. Ch 10: Key Concepts
136. Ch 10: Summary
137. Ch 10: Summary of Conclusion Statements
138. Ch 10: Study Questions and Problems
139. Ch 10: Sample Quiz
140. Ch 11: Labor Markets
141. Ch 11: Introduction
142. Ch 11: In This Chapter, You Will Learn to Solve These Economics Puzzles:
143. 11-1: The Labor Market Under Perfect Competition
144. 11-2: Labor Unions: Employee Power
145. 11-3: Employer Power
146. Ch 11: Key Concepts
147. Ch 11: Summary
148. Ch 11: Summary of Conclusion Statements
149. Ch 11: Study Questions and Problems
150. Ch 11: Sample Quiz
151. Part 3: Road Map
152. Part 4: Microeconomics Policy Issues
153. Ch 12: Income Distribution, Poverty, and Discrimination
154. Ch 12: Introduction
155. Ch 12: In This Chapter, You Will Learn to Solve These Economics Puzzles:
156. 12-1: The Distribution of Income
157. 12-2: Poverty
158. 12-3: Antipoverty Programs
159. 12-4: Reform Proposals
160. 12-5: Discrimination
161. Ch 12: Key Concepts
162. Ch 12: Summary
163. Ch 12: Summary of Conclusion Statements
164. Ch 12: Study Questions and Problems
165. Ch 12: Sample Quiz
166. Ch 13: Antitrust and Regulation
167. Ch 13: Introduction
168. Ch 13: In This Chapter, You Will Learn to Solve These Economics Puzzles:
169. 13-1: Antitrust
170. 13-2: Key Antitrust Cases
171. 13-3: Mergers and Global Antitrust Policy
172. 13-4: Regulation
173. 13-5: Three Cases for Government Regulation
174. 13-6: Imperfect Information
175. Ch 13: Key Concepts
176. Ch 13: Summary
177. Ch 13: Summary of Conclusion Statements
178. Ch 13: Study Questions and Problems
179. Ch 13: Sample Quiz
180. Ch 14: Environmental Economics
181. Ch 14: Introduction
182. Ch 14: In This Chapter, You Will Learn to Solve These Economics Puzzles:
183. 14-1: Competitive Markets and Environmental Efficiency
184. 14-2: Achieving Environmental Efficiency
185. Ch 14: Key Concepts
186. Ch 14: Summary
187. Ch 14: Summary of Conclusion Statements
188. Ch 14: Study Questions and Problems
189. Ch 14: Sample Quiz
190. Part 4: Road Map
191. Part 5: Macroeconomics Fundamentals
192. Ch 15: Gross Domestic Product
193. Ch 15: Introduction
194. Ch 15: In This Chapter, You Will Learn to Solve These Economics Puzzles:
195. 15-1: Gross Domestic Product
196. 15-2: Measuring Gdp
197. 15-3: The Expenditure Approach
198. 15-4: The Income Approach
199. 15-5: GDP Shortcomings
200. 15-6: Other National Income Accounts
201. 15-7: Changing Nominal GDP to Real GDP
202. Ch 15: Key Concepts
203. Ch 15: Summary
204. Ch 15: Summary of Conclusion Statements
205. Ch 15: Study Questions and Problems
206. Ch 15: Sample Quiz
207. Appendix to Chapter 15: A Four-Sector Circular Flow Model
208. Ch 16: Business Cycles and Unemployment
209. Ch 16: Introduction
210. Ch 16: In This Chapter, You Will Learn to Solve These Economics Puzzles:
211. 16-1: The Business–Cycle Roller Coaster
212. 16-2: Unemployment
213. 16-3: Types of Unemployment
214. 16-4: The Goal of Full Employment
215. 16-5: Nonmonetary and Demographic Consequences of Unemployment
216. Ch 16: Key Concepts
217. Ch 16: Summary
218. Ch 16: Summary of Conclusion Statements
219. Ch 16: Study Questions and Problems
220. Ch 16: Sample Quiz
221. Ch 17: Inflation
222. Ch 17: Introduction
223. Ch 17: in This Chapter, You Will Learn to Solve These Economics Puzzles:
224. 17-1: Meaning and Measurement of Inflation
225. 17-2: Consequences of Inflation
226. 17-3: Demand-Pull and Cost-push Inflation
227. Ch 17: Key Concepts
228. Ch 17: Summary
229. Ch 17: Summary of Conclusion Statements
230. Ch 17: Study Questions and Problems
231. Ch 17: Sample Quiz
232. Part 5: Road Map
233. Part 6: Macroeconomics Theory and Policy
234. Ch 18: The Keynesian Model
235. Ch 18: Introduction
236. Ch 18: In This Chapter, You Will Learn to Solve These Economics Puzzles:
237. 18-1: Introducing Classical Theory and the Keynesian Revolution
238. 18-2: Reasons the Consumption Function Shifts
239. 18-3: Investment Expenditures
240. 18-4: Why Investment Demand Is Unstable
241. Ch 18: Key Concepts
242. Ch 18: Summary
243. Ch 18: Summary of Conclusion Statements
244. Ch 18: Study Questions and Problems
245. Ch 18: Sample Quiz
246. Ch 19: The Keynesian Model in Action
247. Ch 19: Introduction
248. Ch 19: In This Chapter, You Will Learn to Solve These Economics Puzzles:
249. 19-1: Adding Government and Global Trade to the Keynesian Model
250. 19-2: The Aggregate Expenditures Model
251. 19-3: The Spending Multiplier Effect
252. 19-4: Recessionary and Inflationary Gaps
253. Ch 19: Key Concepts
254. Ch 19: Summary
255. Ch 19: Summary of Conclusion Statements
256. Ch 19: Study Questions and Problems
257. Ch 19: Sample Quiz
258. Ch 20: Aggregate Demand and Supply
259. Ch 20: Introduction
260. Ch 20: In This Chapter, You Will Learn to Solve These Economics Puzzles:
261. 20-1: The Aggregate Demand Curve
262. 20-2: Reasons for the Aggregate Demand Curve’s Shape
263. 20-3: Nonprice-Level Determinants of Aggregate Demand
264. 20-4: The Aggregate Supply Curve
265. 20-5: Changes in AD–AS Macroeconomic Equilibrium
266. 20-6: Nonprice-Level Determinants of Aggregate Supply
267. 20-7: Cost-Push and Demand-Pull Inflation Revisited
268. Ch 20: Key Concepts
269. Ch 20: Summary
270. Ch 20: Summary of Conclusion Statements
271. Ch 20: Study Questions and Problems
272. Ch 20: Sample Quiz
273. Appendix to Chapter 20: The Self-Correcting Aggregate Demand and Supply Model
274. Ch 21: Fiscal Policy
275. Ch 22: The Public Sector
276. Ch 23: Federal Deficits, Surpluses, and the National Debt
277. Part 6: Road Map
278. Part 7: Money, Banking, and Monetary Policy
279. Ch 24: Money and the Federal Reserve System
280. Ch 25: Money Creation
281. Ch 26: Monetary Policy
282. Ch 27: The Phillips Curve and Expectations Theory
283. Part 7: Road Map
284. Part 8: The International Economy
285. Ch 28: International Trade and Finance
286. Ch 28: Introduction
287. Ch 28: In This Chapter, You Will Learn to Solve These Economics Puzzles:
288. Ch 29: Economies in Transition
289. Ch 30: Growth and the Less-Developed Countries

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