Foundations of Economics, Second Edition
Brief Contents
INTRODUCTION
I Getting Started
2 The U.S. and Global Economies
3 The Economic Problem
4 Demand and Supply
A CLOSER LOOK AT MARKETS
5 Elasticities of Demand and Supply
6 Efficiency and Fairness of Markets
HOW GOVERNMENTS INFLUENCE THE ECONOMY
7 Government Influences on Markets
8 Taxes
9 Externalities
10 Public Goods and Common Resources
A CLOSER LOOK AT DECISION MAKERS
11 Consumer Choice and Demand
12 Production and Cost
PRICES, PROFITS,AND INDUSTRY PERFORMANCE
13 Perfect Competition
14 Monopoly
15 Monopolistic Competition
16 Oligopoly
17 Regulation and Antitrust Law
HOW INCOMES ARE DETERMINED
18 Demand and Supply in Factor Markets
19 Inequality and Redistribution
MONITORING THE MACROECONOMY
20 GDP and the Standard of Living
21 Jobs and Unemployment
22 The CPI and the Cost of Living
THE REAL ECONOMY
23 AS-AD and Potential GDP
24 Investment and Saving
25 Economic Growth
THE MONEY ECONOMY
26 Money and the Monetary System
27 Money Creation and Control
28 Money, Interest, and Inflation
ECONOMIC FLUCTUATIONS
29 AS-AD and the Business Cycle
30 Aggregate Expenditure
31 Fiscal and Monetary Policy Effects
32 The Short-Run Policy Tradeoff
33 Fiscal and Monetary Policy Debates
THE GLOBAL ECONOMY
34 International Trade
35 International Finance
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Foundations of Microeconomics, Second Edition
Brief Contents
INTRODUCTION
I Getting Started
2 The U.S. Economy
3 The Economic Problem
4 Demand and Supply
A CLOSER LOOK AT MARKETS
5 Elasticities of Demand and Supply
6 Efficiency and Fairness of Markets
HOW GOVERNMENTS INFLUENCE THE ECONOMY
7 Government Influences on Markets
8 Taxes
9 Externalities
10 Public Goods and Common Resources
A CLOSER LOOK AT DECISION MAKERS
11 Consumer Choice and Demand
12 Production and Cost
PRICES, PROFITS,AND INDUSTRY PERFORMANCE
13 Perfect Competition
14 Monopoly
15 Monopolistic Competition
16 Oligopoly
17 Regulation and Antitrust Law
HOW INCOMES ARE DETERMINED
18 Demand and Supply in Factor Markets
19 Inequality and Redistribution
THE GLOBAL ECONOMY
20 International Trade
21 International Financial Markets
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Foundations of Macroeconomics, Second Edition
Brief Contents
INTRODUCTION
1 Getting Started
2 The U.S. and Global Economies
3 The Economic Problem
4 Demand and Supply
MONITORING THE MACROECONOMY
5 GDP and the Standard of Living
6 Jobs and Unemployment
7 The CPI and the Cost of Living
THE REAL ECONOMY
8 AS-AD and Potential GDP
9 Investment and Saving
10 Economic Growth
THE MONEY ECONOMY
11 Money and the Monetary System
12 Money Creation and Control
13 Money, Interest, and Inflation
ECONOMIC FLUCTUATIONS
14 AS-AD and the Business Cycle
15 Aggregate Expenditure
16 Fiscal and Monetary Policy Effects
17 The Short-Run Policy Tradeoff
18 Fiscal and Monetary Policy Debates
THE GLOBAL ECONOMY
19 International Trade
20 International Finance
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