TABLE OF CONTENTS:

Part 1: Introduction to Economics and the Economy

• Chapter 1: Limits, Alternatives, and Choices (+ Appendix)
• Chapter 2: The Market System and the Circular Flow
• Chapter 3: Demand, Supply and Market Equilibrium (+ Appendix)
• Chapter 4: The U.S. Economy: Private and Public Sectors
• Chapter 5: The United States in the Global Economy

Part 2: GDP, Growth, and Instability

• Chapter 6: An Introduction to Macroeconomics
• Chapter 7: Measuring Domestic Output and National Income
• Chapter 8: Economic Growth
• Chapter 9: Business Cycles, Unemployment, and Inflation

Part 3: Macroeconomic Models and Fiscal Policy

• Chapter 10: Basic Macroeconomic Relationships
• Chapter 11: The Aggregate Expenditures Model
• Chapter 12: Aggregate Demand and Aggregate Supply (+ Appendix)
• Chapter 13: Fiscal Policy, Deficits, and Debt

Part 4: Money, Banking, and Monetary Policy

• Chapter 14: Money and Banking
• Chapter 15: Money Creation
• Chapter 16: Interest Rates and Monetary Policy
• Chapter 17: Financial Economics

Part 5: Extensions and Issues

• Chapter 18: Extending the Analysis of Aggregate Supply
• Chapter 19: Current Issues in Macro Theory and Policy

Part 6: International Economics

• Chapter 20: International Trade
• Chapter 21: The Balance of Payments, Exchange Rates, and Trade Deficits
• Chapter 21A Web Supplement: Previous International Exchange-Rate Systems
• Chapter 22W: The Economics of Developing Countries