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I. INTRODUCTION TO ECONOMICS.
1. The Scope and Method of Economics.
2. The Economic Problem: Scarcity and
Choice.
3. Demand, Supply, and Market Equilibrium.
4. Demand and Supply Applications and
Elasticity.
II. FOUNDATIONS OF MICROECONOMICS: CONSUMERS AND FIRMS.
5. Household Behavior and Consumer Choice.
6. The Production Process: The Behavior
of Profit-Maximizing Firms.
7. Short-Run Costs and Output Decisions.
8. Long-Run Costs and Output Decisions.
9. Input Demand: The Labor and Land
Markets.
10. Input Demand: The Capital Market and the
Investment Decision.
11. General Equilibrium and the Efficiency
of Perfect Competition.
III. MARKET IMPERFECTIONS AND THE ROLE OF GOVERNMENT.
12. Monopoly and Antitrust Policy.
13. Monopolistic Competition and Oligopoly.
14. Externalities, Public Goods, Imperfect
Information, and Social Choice.
15. Income Distribution and Poverty.
16. Public Finance: The Economics of Taxation.
IV. CONCEPTS AND PROBLEMS IN MACROECONOMICS.
17. Introduction to Macroeconomics.
18. Measuring National Output and National Income.
19. Long-Run and Short-Run Concerns: Growth,
Productivity, Unemployment, and Inflation.
V. THE GOODS AND MONEY MARKETS.
20. Aggregate Expenditure and Equilibrium
Output.
21. The Government and Fiscal Policy.
22. The Money Supply and the Federal Reserve
System.
23. Money Demand, the Equilibrium Interest
Rate, and Monetary Policy.
VI. MACROECONOMIC ANALYSIS.
24. Money, the Interest Rate, and Output:
Analysis and Policy.
25. Aggregate Demand, Aggregate Supply, and
Inflation.
26. The Labor Market, Unemployment, and Inflation.
27. Macroeconomic Issues and Policy.
28. The Stock Market and the Economy.
29. Household and Firm Behavior in the Macroeconomy:
A Further Look.
30. Long-Run Growth.
31. Debates in Macroeconomics: Monetarism,
New Classical Theory, and Supply-Side Economics.
VII. THE WORLD ECONOMY.
32. International Trade, Comparative Advantage,
and Protectionism.
33. Open-Economy Macroeconomics: The Balance
of Payments and Exchange Rates.
34. Globalization.
35. Economic Growth in Developing and Transitional
Economies.
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