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PART 1: Introduction 1. The Nature of Economics 2. Scarcity and the World of Trade-Offs 3. Demand and Supply 4. Extensions of Demand and Supply Analysis 5. Public Spending and Public Choice 6. Funding the Public Sector PART 2: Introduction to Macroeconomics and Economic Growth 7. The Macroeconomy: Unemployment, Inflation, and Deflation 8. Measuring the Economy’s Performance 9. Global Economic Growth and Development PART 3: Real GDP Determination and Fiscal Policy 10. Real GDP and the Price Level in the Long Run 11. Classical and Keynesian Macro Analyses 12. Consumption, Real GDP, and the Multiplier 13. Fiscal Policy 14. Deficit Spending and the Public Debt PART 4: Money, Stabilization, and Growth 15. Money, Banking, and Central Banking 16. Domestic and International Dimensions of Monetary Policy 17. Stabilization in an Integrated World Economy 18. Policies and Prospects for Global Economic Growth PART 5: Dimensions of Microeconomics 19. Demand and Supply Elasticity 20. Consumer Choice 21. Rents, Profits, and the Financial Environment of Business PART 6: Market Structure, Resource Allocation, and Regulation 22. The Firm: Cost and Output Determination 23. Perfect Competition 24. Monopoly 25. Monopolistic Competition 26. Oligopoly and Strategic Behavior 27. Regulation and Antitrust Policy in a Globalized Economy PART 7: Labor Resources and the Environment 28. The Labor Market: Demand, Supply, and Outsourcing 29. Unions and Labor Market Monopoly Power 30. Income, Poverty, and Health Care 31. Environmental Economics PART 8: Global Economics 32. Comparative Advantage and the Open Economy 33. Exchange Rates and the Balance of Payments Table of Contents
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