Includes index.

Part 1 IntroductionChapter 1 Getting StartedChapter 2 The U.S. and Global EconomiesChapter 3 The Economic ProblemChapter 4 Demand and SupplyPart 2 A Closer Look at MarketsChapter 5 Elasticities of Demand and SupplyChapter 6 Efficiency and Fairness of MarketsPart 3 How Governments Influence the EconomyChapter 7 Markets in ActionChapter 8 TaxesChapter 9 Global Markets in ActionChapter 10 ExternalitiesChapter 11 Public Goods and Common ResourcesPart 4 A Closer Look at Decision MakersChapter 12 Consumer Choice and DemandChapter 13 Production and CostPart 5 Prices, Profits, and Industry PerformanceChapter 14 Perfect CompetitionChapter 15 MonopolyChapter 16 Monopolistic CompetitionChapter 17 OligopolyPart 6 Incomes, Uncertainty, and InequalityChapter 18 Demand and Supply in Factor MarketsChapter 19 Uncertainty and InformationChapter 20 Inequality and Poverty