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: Microeconomics of Product Markets

• Chapter 6: Elasticity, Consumer Surplus, and Producer Surplus
• Chapter 7: Consumer Behavior (+ Appendix)
• Chapter 8: The Costs of Production
• Chapter 9: Pure Competition
• Chapter 10: Pure Monopoly
• Chapter 11: Monopolistic Competition and Oligopoly (+ Appendix)
• Chapter 11W: Technology, R&D, and Efficiency

Part 3: Microeconomics of Resource Markets

• Chapter 12: The Demand for Resources
• Chapter 13: Wage Determination (+ Appendix)
• Chapter 14: Rent, Interest, and Profit
• Chapter 15: Natural Resource and Energy Economics

Part 4: Microeconomics of Government

• Chapter 16: Public Goods, Externalities, and Information Asymmetries
• Chapter 17: Public Choice Theory and the Economics of Taxation

Part 5: Microeconomic Issues and Policies

• Chapter 18: Antitrust Policy and Regulation
• Chapter 19: Agriculture: Economics and Policy
• Chapter 20: Income Inequality, Poverty, and Discrimination
• Chapter 21: Health Care
• Chapter 22: Immigration
• Chapter 23: International Trade