Includes index.

pt. 1 AN INTRODUCTION TO ECONOMICS AND THE ECONOMY --
The nature and method of economics; the economizing problem; individual markets --
supply and demand; the market system; the US economy --
private and public sectors; the United States in the global economy --
pt. 2 NATIONAL INCOME, EMPLOYMENT AND FISCAL POLICY --
Measuring domestic output, national income and the price level; introduction to economic growth, unemployment and inflation; building the aggregate expenditures model; aggregate expenditures --
the multiplier, net exports and government; aggregate demand and aggregate supply; fiscal policy --
pt. 3 MONEY, BANKING AND MONETARY POLICY --
Money and banking; how banks and thrifts create money; monetary policy --
pt. 4 LONG-RUN PERSPECTIVES AND MACROECONOMIC DEBATES --
Extending the analysis of aggregate supply; economic growth and the new economy; deficits, surpluses and the public debt; disputes over macro theory and policy --
pt. 5 MICROECONOMICS OF PRODUCT MARKETS --
Demand and supply --
elasticity and government-set prices; consumer behaviour and utility maximization; the costs of production; pure competition; pure monopoly; monopolistic competiton and oligopoly; technology, R & D and efficiency --
pt. 6 MICROECONOMICS OF RESOURCE MARKETS --
The demand for resources; wage determination; rent, interest and profits --
pt. 7 MICROECONOMICS OF GOVERNMENT --
Government and market failure; public choice theory and the economics of taxation --
pt. 8 MICROECONOMIC ISSUES AND POLICIES --
Antitrust, regulation and industrial policy; agriculture --
economics and policy; income inequality and poverty; labour market issues --
unionism, discrimination, immigration; the economics of health care --
pt. 9 INTERNATIONAL ECONOMICS AND THE WORLD ECONOMY --
International trade; exchange rates, balance of payments and trade deficits; the developing economies --
WEB BONUS CHAPTER --