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Table of Contents
Chapter 1: Economics as a Social Science
Chapter 2: The Evolution of Economic Systems
Chapter 3: Adam Smith, Classical Liberalism, and the Division of Labor
Chapter 4: Karl Marx and the Socialist Critique of Capitalism
Chapter 5: The Rise and Fall of Laissez-Faire in the U.S. Economy
Part 2: Microeconomics
Chapter 6: Scarcity: “You Can’t Always Get What You Want”
Chapter 7: The Theory of Markets
Chapter 8: Perfect Competition and Efficiency
Chapter 9: Noncompetitive Markets and Inefficiency
Chapter 10: Resource Markets and the Distribution of Income
Chapter 11: Corporations and Labor Unions
Chapter 12: The Economic Role of Government
Part 3: Macroeconomics
Chapter 13: Macroeconomics: Issues and Problems
Chapter 14: Macroeconomic Theory: Classical and Keynesian Models
Chapter 15: Fiscal Policy: Government Spending and Taxation
Chapter 16: Financial Markets, Money, and Monetary Policy
Chapter 17: Aggregate Demand and Aggregate Supply
Chapter 18: Unemployment, Inflation, and Stabilization Policy in a Global Economy
Part 4: International Economics and Finance
Chapter 19: International Trade and Interdependence
Chapter 20: International Finance
Chapter 21: The Economics of Developing Nations
Chapter 22: Modern Economic Systems