Includes index.

Part I. Introduction

Chapter 1. Ten principles of economics

Chapter 2. Thinking like an economist

Chapter 3. Interdependence and the gains from trade

Part II. How markets work

Chapter 4. The market forces of supply and demand

Chapter 5. Elasticity and its application

Chapter 6. Supply, demand, and government policies

Part III. Markets and welfare

Chapter 7. Consumers, producers, and the efficiency of markets

Chapter 8. Application : the costs of taxation

Chapter 9. Application : international trade

Part IV. The economics of the public sector

Chapter 10. Externalities

Chapter 11. Public goods and common resources

Part V. Firm behavior and the organization of industry

Chapter 12. The costs of production

Chapter 13. Firms in competitive markets

Chapter 14. Monopoly

Part VI. The data of macroeconomics

Chapter 15. Measuring a nation's income

Chapter 16. Measuring the cost of living

Part VII. The real economy in the long run

Chapter 17. Production and growth

Chapter 18. Saving, investment, and the financial system

Chapter 19. The basic tools of finance

Chapter 20. Unemployment

Part VIII. Money and prices in the long run

Chapter 21. The monetary system

Chapter 22. Money growth and inflation

Part IX. Short-run economic fluctuations

Chapter 23. Aggregate demand and aggregate supply

Chapter 24. The influence of monetary and fiscal policy on aggregate demand