| Contents: |
What economics is about -- Economic activities : producing and trading -- Supply and demand : theory -- Supply and demand : practice -- Macroeconomic measurements, pt. I : prices and unemployment -- Macroeconomic measurements, pt. II : GDP and real GDP -- Aggregate demand and aggregate supply -- The self-regulating economy -- Economic instability : a critique of the self-regulating economy -- Fiscal policy -- More on government spending and taxes : beyond fiscal policy -- Money and banking -- The Federal Reserve system -- Money and the economy -- Monetary policy -- Expectations theory and the economy -- Economic growth : resources, technology, and ideas -- Elasticity -- Consumer choice : maximizing utility and behavioral economics -- The firm -- Production and costs -- Perfect competition -- Monopoly -- Monopolistic competition, oligopoly, and game theory -- Government and product markets : antitrust and regulation -- Factor markets : with emphasis on the labor market -- Wages, unions, and labor -- The distribution of income and poverty -- Interest, rent and profit -- Market failure : externalities, public goods, and asymmetric information -- Public choice : economic theory applied to politics -- International trade -- International finance. |
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