AN INTRODUCTION TO ECONOMICS. Part I: ECONOMICS: THE SCIENCE OF SCARCITY. 1. What Economics Is About. Appendix A: Working with Diagrams. Appendix B: Should You Major in Economics? 2. Production Possibilities Frontier Framework. 3. Supply and Demand: Theory. 4. Prices: Free, Controlled, and Relative. 5. Supply, Demand, and Price: Applications. MACROECONOMICS. Part II: MACROECONOMIC FUNDAMENTALS. 6. Macroeconomic Measurements, Part I: Prices and Unemployment. 7. Macroeconomic Measurements, Part II: GDP and Real GDP. Part III: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY. 8. Aggregate Demand and Aggregate Supply. 9. Classical Macroeconomics and the Self-Regulating Economy. 10. Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy. 11. Fiscal Policy and the Federal Budget. Part IV: MONEY, THE ECONOMY, AND MONETARY POLICY. 12. Money, Banking, and the Financial System. 13. The Federal Reserve System. Appendix C: The Market for Reserves (or the Federal Funds Market). 14. Money and the Economy. 15. Monetary Policy. Appendix D: Bond Prices and the Interest Rate. Part V: EXPECTATIONS AND GROWTH. 16. Expectations Theory and the Economy. 17. Economic Growth: Resources, Technology, Ideas, and Institutions. Part VI: THE FINANCIAL CRISIS OF 2007-2009. 18. The Financial Crisis of 2007-2009. Part VII: GOVERNMENT AND THE ECONOMY. 19. Debates in Macroeconomics Over the Role and Effects of Government. MICROECONOMICS. Part VIII: MICROECONOMIC FUNDAMENTALS. 20. Elasticity. 21. Consumer Choice: Maximizing Utility and Behavioral Economics. Appendix E: Budget Constraint and Indifference Curve Analysis. 22. Production and Costs. Part IX: PRODUCT MARKETS AND POLICIES. 23. Perfect Competition. 24. Monopoly. 25. Monopolistic Competition, Oligopoly, and Game Theory. 26. Government and Product Markets: Antitrust and Regulation. Part X: FACTOR MARKETS AND RELATED ISSUES. 27. Factor Markets: With Emphasis on the Labor Market. 28. Wages, Union, and Labor. 29. The Distribution of Income and Poverty. 30. Interest, Rent, and Profit. Part XI: PUBLIC CHOICE, AND SPECIAL-INTEREST-GROUP POLITICS. 31. Market Failure: Externalities, Public Goods, and Asymmetric Information. 32. Public Choice and Special-Interest-Group Politics. Part XII: ECONOMICS THEORY-BUILDING AND EVERYDAY LIFE. 33. Building Theories to Explain Everyday Life: From Observations to Questions to Theories to Predictions. THE GLOBAL ECONOMY. Part XIII: INTERNATIONAL ECONOMICS AND GLOBALIZATION. 34. International Trade. 35. International Finance. 36. Globalization and International Impacts on the Economy. WEB CHAPTERS. 37. The Economic Case For and Against Government: Five Topics Considered. 38. Stocks, Bonds, Futures and Options. 39. Agriculture: Problems, Policies, and Unintended Effects.

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