Microeconomics, GE

PART 1: INTRODUCTION

1. What is Economics?
2. The Economic Problem

PART 2: HOW MARKETS WORK

1. Demand and Supply
2. Elasticity
3. Efficiency And Equity
4. Government Actions in Markets
5. Global Markets in Action

PART 3: HOUSEHOLDS' CHOICES

1. Utility and Demand
2. Possibilities, Preferences, and Choices

PART 4: FIRMS AND MARKETS

1. Organizing Production
2. Output and Costs
3. Perfect Competition
4. Monopoly
5. Monopolistic Competition
6. Oligopoly

PART 5: MARKET FAILURE AND GOVERNMENT

1. Public Choices, Public Goods, and Healthcare
2. Externalities

PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

1. Markets for Factors of Production
2. Economic Inequality
3. Uncertainty and Information

PART 7: MONITORING MACROECONOMIC PERFORMANCE

1. Monitoring the Value of Production: GDP
2. Monitoring Jobs and Inflation

PART 8: MACROECONOMIC TRENDS

1. Economic Growth
2. Finance, Saving, and Investment
3. Money, the Price Level, and Inflation
4. The Exchange Rate and the Balance of Payments

PART 9: MACROECONOMIC FLUCTUATIONS

1. Aggregate Supply and Aggregate Demand
2. Expenditure Multipliers
3. The Business Cycle, Inflation, and Deflation

PART 10: MACROECONOMIC POLICY

1. Fiscal Policy
2. Monetary Policy