Includes index.

Part 1 Introduction to economics and its foundations --
Chapter 1 Observing and explaining the economy --
Chapter 2 Scarcity, choice, and economic interaction --
Chapter 3 Supply and demand model --
Chapter 4 Elasticity and its uses --
Chapter 5 Demand curve and the behavior of consumers --
Chapter 6 Supply curve and the behavior of firms --
Chapter 7 Interaction of people in markets --
Part 2 Microeconomics over time and through markets --
Chapter 8 Costs and evolution of firms over time --
Chapter 9 Rise and fall of industries --
Chapter 10 Monopoly --
Chapter 11 Product differentiation and strategic behavior --
Chapter 12 Labor markets --
Chapter 13 Capital markets --
Part 3 Role of government --
Chapter 14 Taxes, transfers, and income distribution --
Chapter 15 Public goods, externalities, and government behavior --
Chapter 16 Antitrust policy and regulation --
Chapter 17 Gains from international trade --
Chapter 18 International trade policy --
Part 4 Introduction to macroeconomics --
Chapter 19 Preview of macroeconomics --
Chapter 20 Measuring the macroeconomy --
Part 5 Long-run fundamentals and economic growth --
Chapter 21 Unemployment and employment --
Chapter 22 Investment in new capital. Chapter 23 Technology and economic growth --
Chapter 24 Monetary system and inflation --
Part 6 Economic fluctuations --
Chapter 25 First steps toward recession or boom --
Chapter 26 Uncertain multiplier --
Chapter 27 Aggregate demand and price adjustment --
Chapter 28 Toward recovery and expansion --
Part 7 Macroeconomic policy --
Chapter 29 Fiscal policy and the budget deficit --
Chapter 30 Monetary policy --
Chapter 31 International finance --
Chapter 32 Macroeconomic debates --
Chapter 33 Economic growth around the world --
Chapter 34 Emerging market economies