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Reveal the relevance of economics through real-world business examples
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Table of Contents
1. Economics: Foundations and Models
2. Trade-offs, Comparative Advantage, and the Market System
3. Where Prices Come From: The Interaction of Demand and Supply
4. Economic Efficiency, Government Price Setting, and Taxes
5. The Economics of Health Care
II. Firms in the Domestic and International Economies
6. Firms, the Stock Market, and Corporate Governance
7. Comparative Advantage and the Gains from International Trade
III. Macroeconomic Foundations and Long-Run Growth
8. GDP: Measuring Total Production and Income
9. Unemployment and Inflation
10. Economic Growth, the Financial System, and Business Cycles
11. Long-Run Economic Growth: Sources and Policies
IV. Short-Run Fluctuations
12. Aggregate Expenditure and Output in the Short Run
13. Aggregate Demand and Aggregate Supply Analysis
V. Monetary and Fiscal Policy
14. Money, Banks, and the Federal Reserve System
15. Monetary Policy
16. Fiscal Policy
17. Inflation, Unemployment, and Federal Reserve Policy
VI. The International Economy
18. Macroeconomics in an Open Economy
19. The International Financial System