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Part I: INTRODUCTION TO ECONOMICS. 1. Introducing the Economic Way of Thinking. Appendix to Chapter 1: Applying Graphs to Economics. 2. Production Possibilities and Opportunity Cost. Part II: THE MICROECONOMY. 3. Market Demand and Supply. 4. Markets in Action. Appendix to Chapter 4: Applying Supply and Demand Analysis to Health Care. 5. Price Elasticity of Demand. 6. Production Costs. 7. Perfect Competition. 8. Monopoly Chapter. 9. Monopolistic Competition and Oligopoly Chapter. 10. Labor Markets and Income Distribution. Part III. THE MACROECONOMY AND FISCAL POLICY. 11. Gross Domestic Product. 12. Business Cycles and Unemployment. 13. Inflation. 14. Aggregate Demand and Supply. Appendix to Chapter 14: Appendix: The Self-Correcting Aggregate Demand and Supply Model. 15. Fiscal Policy. 16. The Public Sector. 17. Federal Deficits, Surpluses, and the National Debt. Part IV: MONEY, BANKING, AND MONETARY POLICY. 18. Money and the Federal Reserve System. 19. Money Creation. 20. Monetary Policy. Part V: THE INTERNATIONAL ECONOMY. 21. International Trade and Finance. 22. Economics in Transition. 23. Growth and the Less-Developed Countries.
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