SECTION I THE MARKET SYSTEM
 
1 Introduction: what is economics all about?
2 Mathematical and statistical techniques
3 The economic problem: resources,scarcity and choice
4 The allocation of resources in competitive markets
5 Elasticity of demand and supply
6 Markets in movement
7 The business organisation, costs and profits
8 Market structures
 
 SECTION II MARKET FAILURE AND GOVERNMENT INTERVENTION
 
9 The mixed economy: market failure vs government failure
10 Government intervention in the market
 
SECTION III MARKETS IN OPERATION
 
11 The market in practice: agriculture, housing and labour
12 The leisure industry
13 The economics of the environment
14 Transport and the economy
 
 SECTION IV THE NATIONAL ECONOMY
15 What is the macroeconomy?
16 Measuring the macroeconomy
17 Analysing the macroeconomy
18 Managing the macroeconomy: problems and policies
 
SECTION V BUSINESS ECONOMICS
 
19 The size and growth of firms
20 Costs in the short run and the long run
21 Competitive supply
22 Price and output under imperfect competition
23 Aspects of monopoly
24 Public ownership, privatisation, regulation and deregulation
 
SECTION VI LABOUR MARKETS AND THE DISTRIBUTION OF INCOME
 
25 Pricing of productive factors
26 Labour and wages
27 An introduction to welfare economics
28 Inequality and public policy
 
SECTION VII MACROECONOMIC ANALYSIS
 
29 Keynesian macroeconomics
30 Changes in aggregate demand: consumption, savings and investment
31 The Keynesian aggregate model
32 The multiplier
33 Aggregate demand and supply analysis
 
SECTION VIII MANAGING THE ECONOMY: ISSUES AND POLICIES
 
34 Growth and stability
35 Money and prices
36 Fiscal and monetary policies
37 Monetary analysis and income analysis
38 The control of inflation
39 Unemployment and government policy
40 Advanced policy applications
41 The gains from international trade
42 The balance of payments and exchange rates
43 Conflicts between objectives
 
SECTION IX THE EU AND WIDER PERSPECTIVES
 
44 International institutions
45 The European Union
46 The developing economies
47 Schools of thought and future issues
 
Index