Part I Introduction 1: Five Foundations of Economics 2: Model Building and Gains from Trade Appendix 2A: Graphs in Economics 3: The Market at Work: Supply and Demand Appendix 3A: Changes in Both Demand and Supply 4: Market Outcomes and Tax Incidence Appendix 4A: Price Elasticity of Demand and Supply 5: Price Controls Part II Macroeconomic Basics 6: Introduction to Macroeconomics and Gross Domestic Product 7: Unemployment 8: The Price Level and Inflation 9: Savings, Interest Rates, and the Market for Loanable Funds 10: Financial Markets and Securities Part III The Long and Short of Macroeconomics 11: Economic Growth and the Wealth of Nations 12: Growth Theory 13: The Aggregate Demand–Aggregate Supply Model 14: Recessions, Expansions, and the Debate over How to Manage Them Appendix 14A: The Aggregate Expenditures Model Part IV Fiscal Policy 15: Federal Budgets: The Tools of Fiscal Policy 16: Fiscal Policy Part V Monetary Policy 17: Money and the Federal Reserve 18: Monetary Policy Part VI International Economics 19: International Trade 20: International Finance |