PART 1 INTRODUCTION TO ECONOMICS

1 Introducing the Economic Way of Thinking

APPENDIX TO CHAPTER 1 Applying Graphs to Economics

2 Production Possibilities,Opportunity Cost,and Economic Growth

3 Market Demand and Supply

4 Markets in Action

APPENDIX TO CHAPTER 4 Applying Supply and Demand Analysis to Health Care

PART 2 MICROECONOMIC FUNDAMENTALS

5 Price Elasticity of Demand and Supply

6 Consumer Choice Theory

7 Production Costs

PART 3 MARKET STRUCTURES

8 Perfect Competition

9 Monopoly

10 Monopolistic Competition and Oligopoly

11 Labor Markets

PART 4 MICROECONOMIC POLICY ISSUES

12 Income Distribution,Poverty,and Discrimination

13 Antitrust and Regulation

14 Environmental Economics

PART 5 THE INTERNATIONAL ECONOMY

15 International Trade and Finance

Appendix A Answers to Odd-Numbered Study Questions and Problems

Appendix B Practice Quiz Answers

Appendix C United States Gross Domestic Product and Related Statistics

Glossary

Index