Includes index.

Part I: Introduction
Chapter 1:Thinking Like an Economist
Chapter 2:Comparative Advantage
Chapter 3:Supply and Demand

Part II: Macroeconomics: Data and Issues
Chapter 4: Spending, Income and GDP
Chapter 5: Inflation and the Price Level
Chapter 6: Wages and Unemployment

Part III: The Economy in the Long Run
Chapter 7: Economic Growth
Chapter 8: Saving, Capital Formation and Financial Markets Chapter 9: Money, Prices and the Financial System

Part IV: The Economy in the Short Run
Chapter 10: Short-Term Economic Fluctuations
Chapter 11:Spending, Output and Fiscal Policy
Chapter 12: Monetary Policy and The Federal Reserve
Chapter 13: Aggregate Demand, Aggregate Supply and Stabilization Policy

Part V The International Economy
Chapter 14:Exchange Rates, International Trade, and Capital Flows