Part 1 Introduction
1. Thinking Like an Economist
2. Comparative Advantage: The Basis for Exchange
3. Supply and Demand: An Introduction
Part 2 Macroeconomics: Issues and Data
4. Macroeconomics: The Bird’s-Eye View of the Economy
5. Measuring Economic Activity: GDP and Unemployment
6. Measuring the Price Level and Inflation Part 3 The Long Run
7. Economic Growth, Productivity, and Living Standards
8. Workers, Wages, and Unemployment in the Modern Economy
9. Saving and Capital Formation
10. Money and the Federal Reserve
11. Financial Markets and International Capital Flows Part 4 The Short Run
12. Short-term Economic Fluctuations: An Introduction
13. Aggregate Demand and Output in the Short Run
14. Stabilizing Aggregate Demand: The Role of the Fed
15. Inflation and Aggregate Supply Part 5 The International Economy
16. International Trade and Trade Policy
17. Exchange Rates and the Open Economy |