I. INTRODUCTION - MACROECONOMICS. 1. Getting Started. Appendix: Making and Using Graphs. 2. The Canadian and the Global Economies. 3. The Economic Problem. 4. Demand and Supply. II. MONITORING THE MACROECONOMY. 5. GDP and the Standard of Living. 6. Jobs and Unemployment. 7. The CPI and the Cost of Living. III. THE REAL ECONOMY. 8. AS-AD and Potential GDP. 9. Investment and Saving. 10. Economic Growth. IV. THE MONEY ECONOMY. 11. Money and the Monetary System. 12. Money Creation and Control. 13. Money, Interest, and Inflation. V. ECONOMIC FLUCTUATIONS. 14. Aggregate Expenditure. 15. AS-AD and the Business Cycle. Appendix: Equilibrium Expenditure and the AD Curve. 16. Fiscal and Monetary Policy Effects. 17. The Short-Run Policy Tradeoff. 18. Fiscal and Monetary Policy Debates. VI. THE GLOBAL ECONOMY. 19. International Trade. 20. International Finance. Foundations of Microeconomics I. INTRODUCTION - MICROECONOMICS. 1. Getting Started. Appendix: Making and Using Graphs. 2. The Canadian Economy. 3. The Economic Problem. 4. Demand and Supply. II. A CLOSER LOOK AT MARKETS. 5. Elasticities of Demand and Supply. 6. Efficiency and Fairness of Markets. III. HOW GOVERNMENTS INFLUENCE THE ECONOMY. 7. Government Influences on Markets. 8. Externalities. 9. Public Goods and the Tax System. IV. A CLOSER LOOK AT DECISION MAKERS. 10. Consumer Choice and Demand. Appendix: Indifference Curves. 11. Production and Cost V. PRICES, PROFITS AND INDUSTRY PERFORMANCE. 12. Perfect Competition. 13. Monopoly. 14. Monopolistic Competition and Oligopoly. 15. Regulation and Competition Policy. VI. HOW INCOMES ARE DETERMINED. 16. Demand and Supply in Factor Markets. 17. Earnings Differences. 18. Inequality, Poverty, and Redistribution. VII. MICROECONOMIC POLICY ISSUES. 19. International Trade. 20. Economics of Farms and Cities. 21. International Finance.