CONTENTS IN BRIEF
PREFACE
PART1 The Economic Way of Thinking
CHAPTER 1 The Economic Approach
CHAPTER 2 Some Tools of the Econmist
PART2 Markets and Government
CHAPTER 3 Supply,Demand,and the Market Process
CHAPTER 4 Supply and Demand:Applications and Extensions
CHAPTER 5 The Economic Role of Government
CHAPTER 6 The Economics of Collective Decision Making
PART3 Cove Macvoeconomics
CHAPTER 7 Taking the Nation''s Economic Pulse
CHAPTER 8 Economic Fluctuations,Uncmployment,and Inflation
CHAPTER 9 An Introduction to Basic Macroeconomic Markets
CHAPTER 10 Working with Our Basic Aggregate Demand/aggregate Supply Model
CHAPTER 11 Keynesian Foundations of Modern Macroeconomics
CHAPTER 12 Fiscal Policy
CHAPTER 13 Money and the Banking System
CHAPTER 14 Modern Macroeconomics:Monetary Policy
CHAPTER 15 Stabilization Policy,Output,and Employment
CHAPTER 16 Economic Growth
PART4 International Economics
CHAPTER 17 Gaining from International Trade
CHAPTER 18 International Finance and the Foreign Exchange Market
PART5 Core Microeconomics
CHAPTER 19 Demand and Consumer Choice
CHAPTER 20 Costs and the Supply of Goods
CHAPTER 21 Price Takers and the Competitive Process
CHAPTER 22 Price-Searcher Markets with Low Entry Barriers
CHAPTER 23 Price-Searcher Markets with High Entry Barriers
CHAPTER 24 The Supply of and Demand for Productive Resources
CHAPTER 25 Earnigs,Productivity,and the Job Market
CHAPTER 26 Investment,the Capital Market,and the Wealth of Nations
CHAPTER 27 Income Inequality and Poverty
PART6 Applications and Special Topics
APPLICATION 1 Labor Markets and Unemployment Rates:A Cross-Country Analysis
APPLICATION 2 How Do Budget Deficits and the National Debt Affect Future Generations
APPLICATION 3 The Phillips Curve:Is There a Trade-Off between Inflation and Unemployment
APPLICATION 4 Social Securituy: The Nature of the Problem and the Alternatives for Dealing with It
APPLICATION 5 The Stock Market:What Does It Do and How Has It Performed
APPLICATION 6 How Does Government Regulation Affect Rour Life
APPLICATION 7 Income Inequality,Transfers,and the Role of Government
APPLICATION 8 Do Labor Unions Increase the Wages of Workers
APPLICATION 9 Natural Resources and the Future
APPLICATION 10 Economics and the Environment
APPENDIX A General Business and Economic Indicators
APPENDIX B Answers to Selected Critical Analysis Questions
GLOSSARY
CREDITS
INDEX