PART 1: Introduction 1. Thinking Like an Economist 2. Supply and Demand PART 2: Competition and the Invisible Hand 3. Demand and Elasticity 4. Perfectly Competitive Supply 5. Efficiency, Exchange, and the Invisible Hand in Action PART 3: Market Imperfections 6. Monopoly, Oligopoly, and Monopolistic Competition 7. Games and Strategic Behavior 8. An Introduction to Behavioral Economics 9. Externalities and Property Rights PART 4: Economics of Public Policy 10. Using Economics to Make Better Policy Choices PART 5: International Trade 11. International Trade and Trade Policy PART 6: Macroeconomics: Issues and Data 12. Macroeconomics: The Bird’s-Eye View of the Economy 13. Measuring Economic Activity: GDP, Unemployment, and Inflation PART 7: The Economy in the Long Run 14. Economic Growth, Productivity, and Living Standards 15. The Labor Market: Workers, Wages, and Unemployment 16. Saving and Capital Formation 17. Money, the Federal Reserve, and Global Financial Markets PART 8: The Economy in the Short Run 18. Short-Term Economic Fluctuations and Fiscal Policy 19. Stabilizing the Economy: The Role of the Fed 20. Aggregate Demand, Aggregate Supply, and Inflation PART 9: The International Economy 21. Exchange Rates and the Open Economy
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