PART 1 INTRODUCTION 1
CHAPTER 1 Ten Principles of Economics 3
CHAPTER 2 Thinking Like an Economist 19
CHAPTER 3 Interdependence and the Gains from Trade 45
PART 2 SUPPLY AND DEMAND Ⅰ:HOW MARKETS WORK 61
CHAPTER 4 The Market Forces of Supply and Demand 63
CHAPTER 5 Elasticity and Its Application 89
CHAPTER 6 Supply,Demand,and Government Policies 113
PART 3 SUPPLY AND DEMAND Ⅱ:MARKETS AND WELFARE 135
CHAPTER 7 Consumers,Producers,and the Efficiency of Markets 137
CHAPTER 8 Application:The Costs of Taxation 159
CHAPTER 9 Application:International Trade 175
PART 4 THE ECONOMICS OF THE PUBLIC SECTOR 201
CHAPTER 10 Externalities 203
CHAPTER 11 Public Goods and Common Resources 223
CHAPTER 12 The Design of the Tax System 241
PART 5 FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY 265
CHAPTER 13 The Costs of Production 267
CHAPTER 14 Firms in Competitive Markets 289
CHAPTER 15 Monopoly 313
CHAPTER 16 Oligopoly 345
CHAPTER 17 Monopolistic Competition 373
PART 6 THE ECONOMICS OF LABOR MARKETS 389
CHAPTER 18 The Markets for the Factors of Production 391
CHAPTER 19 Earnings and Discrimination 411
CHAPTER 20 Income Inequality and Poverty 429
PART 7 TOPICS FOR FURTHER STUDY 451
CHAPTER 21 The Theory of Consumer Choice 453
CHAPTER 22 Frontiers of Microeconomics 479
PART 8 THE DATA OF MACROECONOMICS 497
CHAPTER 23 Measuring a Nation's Income 499
CHAPTER 24 Measuring the Cost of Living 519
PART 9 THE REAL ECONOMY IN THE LONG RUN 535
CHAPTER 25 Production and Growth 537
CHAPTER 26 Saving,Investment,and the Financial System 561
CHAPTER 27 The Basic Tools of Finance 583
CHAPTER 28 Unemployment and Its Natural Rate 599
PART 10 MONEY AND PRICES IN THE LONG RUN 625
CHAPTER 29 The Monetary System 627
CHAPTER 30 Money Growth and Inflation 645
PART 11 THE MACROECONOMICS OF OPEN ECONOMIES 673
CHAPTER 31 Open-Economy Macroeconomics:Basic Concepts 675
CHAPTER 32 A Macroeconomic Theory of the Open Economy 697
PART 12 SHORT-RUN ECONOMIC FLUCTUATIONS 721
CHAPTER 33 Aggregate Demand and Aggregate Supply 723
CHAPTER 34 The Influence of Monetary and Fiscal Policy on Aggregate Demand 755
CHAPTER 35 The Short-Run Tradeoff between Inflation and Unemployment 781
PART 13 FINAL THOUGHTS 809
CHAPTER 36 Five Debates over Macroeconomic Policy 811
Glossary 829
Index 835