Brief Table of Contents

Chapter 1: Economics: The Study of Choice

Chapter 2: Confronting Scarcity: Choices in Production

Chapter 3: Demand and Supply

Chapter 4: Elasticity: A Measure of Response

Chapter 5: Markets, Maximizers, and Efficiency

Chapter 6: Production, Cost, and Market Models

Chapter 7: Competitive Markets for Goods and Services

Chapter 8: Monopoly and Its Regulation

Chapter 9: Wages and Employment in Perfect Competition

Chapter 10: Inequality, Poverty, and Discrimination

Chapter 11: Macroeconomics: The Big Picture

Chapter 12: Measuring Total Output and Income

Chapter 13: Aggregate Demand and Aggregate Supply

Chapter 14: Economic Growth

Chapter 15: The Nature and Creation of Money

Chapter 16: Financial Markets, the Fed, and Monetary Policy

Chapter 17: Government and Fiscal Policy

Chapter 18: A Brief History of Macroeconomic Thought and Policy

Appendix A: Appendix A: Graphs in Economics