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PART 1 What Is Economics?Introduction The Ordinary Business of LifChapter 1 First PrinciplesChapter 2 Economic Models: Trade-offs and TradeAppendix 2A Graphs in Economics
PART 2 Supply and DemandChapter 3 Supply and Demand Appendix 3A The Algebra of Demand, Supply, and Equilibrium Appendix 3B Consumer and Producer SurplusChapter 4 Price Controls and Quotas: Meddling with MarketsChapter 5 International Trade
PART 3 Introduction to MacroeconomicsChapter 6 Macroeconomics: The Big Picture Chapter 7 GDP and the CPI: Tracking the Macroeconomy Chapter 8 Unemployment and Inflation
PART 4 Long-Run Economic GrowthChapter 9 Long-Run Economic Growth Chapter 10 Savings, Investment Spending, and the Financial System
PART 5 Short-Run Economic FluctuationsChapter 11 Income and Expenditure Appendix 11A Deriving the Multiplier AlgebraicallyChapter 12 Aggregate Demand and Aggregate Supply
PART 6 Stabilization PolicyChapter 13 Fiscal PolicyAppendix 13A Taxes and the Multiplier Chapter 14 Money, Banking, and the Central Banking SystemChapter 15 Monetary PolicyAppendix 15A Reconciling the Two Models of the Interest RateChapter 16 Inflation, Disinflation, and Deflation Chapter 17 Crises and Consequences
PART 7 Events and IdeasChapter 18 Macroeconomics: Events and Ideas
PART 8 The Open EconomyChapter 19 Open-Economy Macroeconomics
Macroeconomic Data Tables Solutions to “Check Your Understanding” Questions Glossary Index
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