A multi-media instructional package with related Website is available to supplement the text.

Includes index.

I: Introduction: Thinking Like An Economist
Chapter 1. Economics and Economic Reasoning
Chapter 2. The Economic Organization of Society
Chapter 3. The U.S. Economy in a Global Setting
Chapter 4. Supply and Demand
Chapter 5. Using Supply and Demand

II: Microeconomics
I: Microeconomics: The Basics
Chapter 6. Describing Supply and Demand : Elasticities
Chapter 7.Taxation and Government Intervention
II: Foundation of Supply and Demand
Chapter 8. The Logic of Individual Choice : The Foundation of Supply and Demand
Chapter 9. Production and cost analysis 1
Chapter 10. Production and cost analysis 2

III: Market Structure and Policy
Chapter 11. Perfect Competition
Chapter 12. Monopoly
Chapter 13. Monopolistic Competition, Oligopoly, and Strategic Pricing
Chapter 14. Globalization, Technology, and Real-World Competition

IV: Applying Economic Reasoning to Policy
Chapter 15. Government Policy and Market Failures
Chapter 16. Antitrust Policy and Regulation
Chapter 17. Microeconomics Policy, Economic Reasoning and Beyond

V: Policy Issues In Depth
Chapter 18. Politics and Economics : The Case of Agricultural Markets
Chapter 19. International Trade Policy

VI: Factor Markets
Chapter 20. Who Gets what? : The Distribution of Income
21. Work and the Labor Market.