Includes index.

Part 1: Introduction 1.Thinking Like An Economist 2.Markets, Specialisation and Economic Efficiency 3.Markets, Supply, Demand and Elasticity Part 2: Competition and the 'Invisible Hand' 4.Demand: The Benefit Side of the Market 5.Perfectly Competitive Supply: the Cost Side of the Market 6.Efficiency and Exchange 7.Profits, Entry and Exit: the Basis for the 'Invisible Hand' Part 3: Market Imperfections (1): Market Power 8.Imperfect Competition and the Consequences of Market Power 9.Thinking Strategically 1: Interdependence, Decision-Making and the Theory of Games 10.Thinking Strategically 2: Competition among the Few Part 4: Market Imperfections (2): Externalities, Information, Distribution and the role of the Government in a Market Economy 11.Externalities and Property Rights 12.The Economics of Information 13.Labour Markets, Income Distribution, Wealth and Poverty 14.Government in the Market Economy: Regulation and Production of Public Goods and Other Services Part 5: Macroeconomics; Issues and Data 15.Macroeconomics: the Birds-Eye View of the Economy 16.Measuring Economics Activity: Gross Domestic Product 17.Measuring the Price Level and Inflation 18.The Labour Market: Wages and Unemployment Part 6: The Economy in the Long Run 19.Economic Growth, Productivity and Living Standards 20.Capital Markets: Saving, Investment and Capital Formation Part 7: The Economy in the Short Run 21.Short Term Economic Fluctuations 22.Money and Interest Rates 23.The IS-LM Model 24.Stabilising the Economy (1): The Role of Fiscal Policy 25.Stabilising the Economy (2): The Role of Monetary Policy 26.Aggregate Demand, Aggregate supply and Information 27.Controlling Inflation Part 8: The International Economy 28.Exchange Rates, Capital Flows and the Balance of Payments