1 The Nature and Method of Economics

2 The Economizing Problem

3 Individual Markets: Demand and Supply

4 The Market System

5 The U.S. Economy: Private and Public Sectors

6 The United States in the Global Economy

PART 2 NATIONAL INCOME, EMPLOYMENT, AND FISCAL POLICY

7 Measuring Domestic Output, National Income, and the Price Level

8 Introduction to Economic Growth, Unemployment, and Inflation

9 Building the Aggregate Expenditures Model

10 Aggregate Expenditures: The Multiplier, Net Exports, and Government

11 Aggregate Demand and Aggregate Supply

12 Fiscal Policy

PART 3 MONEY, BANKING, AND MONETARY POLICY

13 Money and Banking

14 How Banks and Thrifts Create Money

15 Monetary Policy

PART 4 LONG-RUN PERSPECTIVES AND MACROECONOMIC DEBATES

16 Extending the Analysis of Aggregate Supply

17 Economic Growth and the New Economy

18 Deficits, Surpluses, and the Public Debt

19 Disputes over Macro Theory and Policy

PART 5 MICROECONOMICS OF PRODUCT MARKETS

20 Demand and Supply: Elasticity and Government-Set Prices

21 Consumer Behavior and Utility Maximization

22 The Costs of Production

23 Pure Competition

24 Pure Monopoly

25 Monopolistic Competition and Oligopoly

26 Technology, R&D, and Efficiency

PART 6 MICROECONOMICS OF RESOURCE MARKETS

27 The Demand for Resources

28 Wage Determination

29 Rent, Interest, and Profits

PART 7 MICROECONOMICS OF GOVERNMENT

30 Government and Market Failure

31 Public Choice Theory and the Economics of Taxation

PART 8 MICROECONOMIC ISSUES AND POLICIES

32 Antitrust, Regulation, and Industrial Policy

33 Agriculture: Economics and Policy

34 Income Inequality and Poverty

35 Labor Market Issues: Unionism, Discrimination, Immigration

36 The Economics of Health Care

PART 9 INTERNATIONAL ECONOMICS AND THE WORLD ECONOMY

37 International Trade

38 Exchange Rates, Balance of Payments, and Trade Deficits

39 The Developing Economies Transitional Economies: Russia and China [Internet-Only chapter]