Principles of Economics Book

Part I Introduction

Ch 1 Thinking Like an Economist

Ch 2 Comparative Advantage

Ch 3 Supply and Demand

Part II Competition and the Invisible Hand

Ch 4 Elasticity

Ch 5 Demand

Ch 6 Perfectly Competitive Supply

Ch 7 Efficiency and Exchange

Ch 8 The Invisible Hand in Action

Part III Market Imperfections

Ch 9 Monopoly, Oligopoly, and Monopolistic Competition

Ch 10 Games and Strategic Behavior

Ch 11 Externalities and Property Rights

Ch 12 The Economics of Information

Part IV Economics of Public Policy

Ch 13 Labor Markets, Poverty, and Income Distribution

Ch 14 The Environment, Health, and Safety

Ch 15 Public Goods and Tax Policy

Part V Macroeconomics: Data and Issues

Ch 16 Spending, Income, and GDP

Ch 17 Inflation and the Price Level

Ch 18 Wages and Unemployment

Part VI The Economy in the Long Run

Ch 19 Economic Growth

Ch 20 Saving, Capital Formation, and Financial Markets

Ch 21 The Financial System, Money, and Prices

Part VII The Economy in the Short Run

Ch 22 Short-Term Fluctuations

Ch 23 Spending and Output in the Short Run

Ch 24 Stabilizing the Economy: The Role of the Federal Reserve

Ch 25 Aggregate Demand and Aggregate Supply

Ch 26 Macroeconomic Policy

Part VIII The International Economy

Ch 27 Exchange Rates and the Open Economy

Ch 28 International Trade and Capital Flows

Glossary