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PART 1: INTRODUCTION Chapter 1: Economics: Foundations and Models Appendix: Using Graphs and Formulas Chapter 2: Trade-offs, Comparative Advantage, and the Market System Chapter 3: Where Prices Come From: The Interaction of Demand and Supply PART 2: MARKETS IN ACTION: POLICY AND APPLICATIONS Chapter 4: Market Efficiency and Market Failure Chapter 5: The Economics of Healthcare PART 3: MICROECONOMIC FOUNDATIONS: CONSUMERS AND FIRMS Chapter 6: Firms, the Stock Market, and Corporate Governance Chapter 7: Consumer Choice and Elasticity Chapter 8: Technology, Production, and Costs PART 4: MARKET STRUCTURE AND FIRM STRATEGY Chapter 9: Firms in Perfectly Competitive Markets Chapter 10: Monopoly and Antitrust Chapter 11: Monopolistic Competition and Oligopoly PART 5: MACROECONOMIC FOUNDATIONS Chapter 12: GDP: Measuring Total Production and Income Chapter 13: Unemployment and Inflation PART 6: LONG-RUN AND SHORT-RUN FLUCTUATIONS Chapter 14: Economic Growth, the Financial System and Business Cycles Chapter 15: Aggregate Demand and Aggregate Supply Analysis Appendix: Schools of Macro Thought PART 7: MONETARY AND FISCAL POLICY Chapter 16: Money, Banks, and the Federal Reserve System Chapter 17: Monetary Policy Chapter 18: Fiscal Policy Chapter 19: Comparative Advantage, International Trade, and Exchange Rates Table of Contents
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