Economic Principles and Policy

Part I Introduction to Economics 1. Economics, Economic Methods, and Economic Policy 2. Markets, Government and Nations: The Organization of Economic Activity 3. Supply and Demand: The Basics of Economic Analysis Part II Introduction to Macroeconomics 4. Unemployment, Inflation, and Economic Fluctuations 5. The Measure of Output, Income, and Economic Growth 6. Aggregate Demand and Aggregate Supply Part III Determining Output and Employment: Keynesian Macroeconomics and Fiscal Policy 7. Classical Macroeconomics and Keynesian Challenge 8. The Keynesian Model 9. Taxes, Government Spending, and Fiscal Policy 10. Budget Deficits and the National Debt Part IV Money, Financial Markets, and Monetary Policy 11. The Role of Money in a Market Economy 12. Banking and the Federal Reserve System 13. Financial Markets and Interest Rates 14. Monetary Policy in Theory and Practice Part V Policy Challenges for the 1990s 15. Current Issues in Stabilization Policy 16. Aggregate Supply, Economic Growth, and Macroeconomic Policy 17. The Challenge of Economic Development Part VI Demand and Consumer Choice 18. Policy Applications of Supply and Demand 19. Elasticity: The Measure of Responsiveness 20. Demand and Consumer Choice Part VII Products Markets 21. Firms and Production 22. Costs and Profits 23. Perfect Competition 24. Monopoly 25. Monopolistic Competition and Oligopoly 26. Regulation, Deregulation and Antitrust Policy Part VIII Resource Markets 27. Marginal Productivity Theory and Labor Markets 28. Organized Labor in the United States 29. Rent, Interest, and Profit 30. Poverty, Inequality and Income Redistribution Policies Part IX Market Failure, Government Failure, and Public Choice 31. Market Failure and Government Intervention Policies 32. Govearnment Failure and Public Choice 33. Policy Studies: Cities, the Environment, and Health Care Part X The World Economy 34. Trade among Nations 35. International Finance and Exchange Rates 36. Economies in Transition.