I. Introduction

1. 1. Economics: Foundations and Models
2. 2. Trade-offs, Comparative Advantage, and the Market System
3. 3. Where Prices Come From: The Interaction of Demand and Supply

II. Markets in Action

4. 4. Market Efficiency and Market Failure
5. 5. The Economics of Healthcare

III. Microeconomic Foundations: Consumers and Firms

6. 6. Firms, the Stock Market, and Corporate Governance
7. 7. Consumer Choice and Elasticity
8. 8. Technology, Production, and Costs

IV. Market Structure and Firm Strategy

9. 9. Firms in Perfectly Competitive Markets
10. 10. Monopoly and Antitrust
11. 11. Monopolistic Competition and Oligopoly

V. Market Structure and Firm Strategy

12. 12. GDP: Measuring Total Production and Income
13. 13. Unemployment and Inflation

VI. Long-Run and Short-Run Fluctuations

14. 14. Economic Growth, the Financial System and Business Cycles
15. 15. Aggregate Demand and Aggregate Supply Analysis

VII. Monetary and Fiscal Policy

16. 16. Money, Banks, and the Federal Reserve System
17. 17. Monetary Policy
18. 18. Fiscal Policy
19. 19. Comparative Advantage, International Trade, and Exchange Rates