1 What Is Economics? 2 The Economy: Myth And Reality 3 The Fundamental Economic Problem: Scarcity And Choice 4 Supply And Demand: An Initial Look 5 Consumer Choice: Individual And Market Demand 6 Demand And Elasticity 7 Production, Inputs, And Cost: Building Blocks For Supply Analysis 8 Output, Price, And Profit: The Importance Of Marginal Analysis 9 The Financial Markets And The Economy: The Tail That Wags The Dog? 10 The Firm And The Industry Under Perfect Competition 11 The Case For Free Markets: The Price System 12 Monopoly 13 Between Competition And Monopoly 14 Limiting Market Power: Antitrust And Regulation 15 The Shortcomings Of Free Markets 16 Externalities, The Environment, And Natural Resources 17 Taxation And Resource Allocation 18 Pricing The Factors Of Production 19 Labor And Entrepreneurship: The Human Inputs 20 Poverty, Inequality, And Discrimination 21 An Introduction To Macroeconomics 22 The Goals Of Macroeconomic Policy 23 Economic Growth: Theory And Policy 24 Aggregate Demand And The Powerful Consumer 25 Demand-side Equilibrium: Unemployment Or Inflation? 26 Bringing In The Supply Side: Unemployment And Inflation? 27 Managing Aggregate Demand: Fiscal Policy 28 Money And The Banking System 29 Monetary Policy: Conventional And Unconventional 30 The Financial Crisis And The Great Recession 31 The Debate Over Monetary And Fiscal Policy 32 Budget Deficits In The Short And Long Run 33 The Trade-off Between Inflation And Unemployment 34 International Trade And Comparative Advantage 35 The International Monetary System: Order Or Disorder? 36 Exchange Rates And The Macroeconomy 37 Contemporary Issues In The U.s. Economy expand_more