PART I: INTRODUCTION TO ECONOMICS

1. The Scope and Method of Economics

2. The Economic Problem: Scarcity and Choice

3. Demand, Supply, and Market Equilibrium

4. Demand and Supply Applications

PART II: THE MARKET SYSTEM

6. Household Behavior and Consumer Choice

7. The Production Process: The Behavior of Profit-Maximizing Firms

8. Short-Run Costs and Output Decisions

9. Long-Run Costs and Output Decisions

10. Input Demand: The Labor and Land Markets

11. Input Demand: The Capital Market and the Investment Decision

12. General Equilibrium and the Efficiency of Perfect Competition

PART III: MARKET IMPERFECTIONS AND THE ROLE OF GOVERNMENT

13. Monopoly and Antitrust Policy

14. Oligopoly

15. Monopolistic Competition

16. Externalities, Public Goods, and Common Resources

17. Uncertainty and Asymmetric Information

18. Income Distribution and Poverty

19. Public Finance: The Economics of Taxation

PART IV: THE WORLD ECONOMY

20. International Trade, Comparative Advantage, and Protectionism

21. Economic Growth in Developing Economies

PART V: METHODOLOGY

22. Critical Thinking about Research