| Part 1 | BASIC CONCEPTS |
| Chapter 1 | Economics: The Core Issues…1 |
| | Appendix: Using Graphs…21 |
| Chapter 2 | The U.S. Economy: A Global View…27 |
| Chapter 3 | Supply and Demand…44 |
| Chapter 4 | The Public Sector…70 |
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| Part 2 | PRODUCT MARKETS: THE BASICS |
| Chapter 5 | The Demand for Goods…94 |
| | Appendix: Indifference Curves…118 |
| Chapter 6 | The Costs of Production…126 |
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| Part 3 | MARKET STRUCTURE |
| Chapter 7 | The Competitive Firm…152 |
| Chapter 8 | Competitive Markets…175 |
| Chapter 9 | Monopoly…195 |
| Chapter 10 | Oligopoly…217 |
| Chapter 11 | Monopolistic Competition…244 |
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| Part 4 | REGULATORY ISSUES |
| Chapter 12 | (De)Regulation of Business…256 |
| Chapter 13 | Environmental Protection…276 |
| Chapter 14 | The Farm Problem…297 |
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| Part 5 | FACTOR MARKETS: BASIC THEORY |
| Chapter 15 | The Labor Market…312 |
| Chapter 16 | Labor Unions…335 |
| Chapter 17 | Financial Markets…352 |
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| Part 6 | DISTRIBUTIONAL ISSUES |
| Chapter 18 | Taxes: Equity vs. Efficiency…372 |
| Chapter 19 | Transfer Payments: Welfare and Social Security…388 |
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| Part 7 | INTERNATIONAL ECONOMICS |
| Chapter 20 | International Trade…404 |
| Chapter 21 | International Finance…427 |
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| | Glossary G-1 |
| | Index I-1 |
| | Student Problem Sets P1 |