PART 1: INTRODUCTION: THINKING LIKE AN ECONOMIST1 Economics and Economic Reasoning2 The Production Possibilities Model, Trade, and Globalization 3 Economic Institutions 4 Supply and Demand5 Using Supply and Demand PART II: MICROECONOMICSTHE POWER OF TRADITIONAL ECONOMIC MODELS6 Describing Supply and Demand: Elasticities 7 Taxation and Government Intervention 8 Market Failure versus Government Failure8W Politics and Economics: The Case of Agricultural Markets INTERNATIONAL ECONOMIC POLICY ISSUES9 Comparative Advantage, Exchange Rates, and Globalization 10 International Trade Policy PRODUCTION AND COST ANALYSIS11 Production and Cost Analysis I 12 Production and Cost Analysis II MARKET STRUCTURE13 Perfect Competition 14 Monopoly and Monopolist Competition15 Oligopoly and Antitrust16 Real-World Competition and Technology FACTOR MARKETS17 Work and the Labor Market 17W Nonwage and Asset Income: Rents, Profits, and Interest18 Who Gets What? The Distribution of Income CHOICE AND DECISION MAKING19 The Logic of Individual Choice: The Foundation of Supply and Demand 20 Game Theory, Strategic Decision Making, and Behavioral Economics MODERN ECONOMIC THINKING21 Thinking Like a Modern Economist22 Behavioral Economics and Modern Economic Policy23 Microeconomic Policy, Economic Reasoning, and Beyond PART III: MACROECONOMICSMACROECONOMIC BASICS24 Economic Growth, Business Cycles, and Unemployment 25 Measuring and Describing the Aggregate Economy POLICY MODELS26 The Keynesian Short-Run Policy Model: Demand-Side Policies 26W The Multiplier Model 27 The Classical Long-Run Policy Model: Growth and Supply-Side Policies FINANCE, MONEY, AND THE ECONOMY28 The Financial Sector and the Economy 29 Monetary Policy 30 Financial Crises, Panics, and Unconventional Monetary Policy TAXES, BUDGETS, AND FISCAL POLICY31 Deficits and Debt: The Austerity Debate32 The Fiscal Policy Dilemma MACROECONOMIC PROBLEMS33 Jobs and Unemployment 34 Inflation, Deflation, and Macro Policy INTERNATIONAL MACROECONOMIC POLICY ISSUES35 International Financial Policy 36 Macro Policy in a Global Setting 37 Structural Stagnation and Globalization38 Macro Policy in Developing Countries
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