PART 1: THE ECONOMIC CHALLENGE Chapter 1: Economics: The Core Issues Appendix: Using Graphs Chapter 2: The U.S. Economy: A Global View Chapter 3: Supply and Demand Chapter 4: The Role of Government
PART 2: PRODUCT MARKETS: THE BASICS Chapter 5: Consumer Choice Appendix: Indifference Curves Chapter 6: Elasticity Chapter 7: The Costs of Production
PART 4: REGULATORY ISSUES Chapter 13: Natural Monopolies: (De)Regulation? Chapter 14: Environmental Protection Chapter 15: The Farm Problem
PART 5: FACTOR MARKETS: BASIC THEORY Chapter 16: The Labor Market Chapter 17: Labor Unions Chapter 18: Financial Markets
PART 6: DISTRIBUTIONAL ISSUES Chapter 19: Taxes: Equity Versus Efficiency Chapter 20: Transfer Payments: Welfare and Social Security
PART 7: INTERNATIONAL ECONOMICS Chapter 21: International Trade Chapter 22: International Finance Chapter 23: Global Poverty
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