PART I Introduction

1. Ten Principles of Economics
2. Thinking Like an Economist
3. Interdependence and the Gains from Trade

PART II How Markets Work

4. The Market Forces of Supply and Demand
5. Elasticity and Its Application
6. Supply, Demand, and Government Policies

PART III Markets and Welfare

7. Consumers, Producers, and the Efficiency of Markets
8. Application: The Costs of Taxation
9. Application: International Trade

PART IV The Economics of the Public Sector

10. Externalities
11. Public Goods and Common Resources
12. The Design of the Tax System

PART V Firm Behavior and the Organization
of Industry

13. The Costs of Production
14. Firms in Competitive Markets
15. Monopoly
16. Monopolistic Competition
17. Oligopoly

PART VI The Economics of Labor Markets

18. The Markets for the Factors of Production
19. Earnings and Discrimination
20. Income Inequality and Poverty

PART VII Topics for Further Study

21. The Theory of Consumer Choice
22. Frontiers of Microeconomics

PART VIII The Data of Macroeconomics

23. Measuring a Nation’s Income
24. Measuring the Cost of Living

PART IX The Real Economy in the Long Run

25. Production and Growth
26. Saving, Investment, and the Financial System
27. The Basic Tools of Finance
28. Unemployment

PART X Money and Prices in the Long Run

28. The Monetary System
29. Money Growth and Inflation

PART XI The Macroeconomics of Open Economies

32. Open-Economy Macroeconomics: Basic Concepts
33. A Macroeconomic Theory of the Open Economy

PART XII Short-Run Economic Fluctuations

33. Aggregate Demand and Aggregate Supply
34. The Influence of Monetary and Fiscal Policy on Aggregate Demand
35. The Short-Run Trade-off between Inflation and Unemployment

PART XIII Final Thoughts

36. Six Debates over Macroeconomic Policy