(NOTE: Principles of Economics, 4/E includes Chapters 1-39; Principles of Microeconomics, 4/E includes Chapters 1-20, 36,38,39; Principles of Macroeconomics, 4/E includes Chapters 1-5, 21-39.) INTRODUCTION. I. INTRODUCTION TO ECONOMICS. 1. The Scope and Method of Economics. 2. The Economic Problem: Scarcity and Choice. 3. The Structure of the U.S. Economy: The Private, Public, and International Sectors. 4. Demand, Supply, and Market Equilibrium. 5. The Price System, Supply and Demand, and Elasticity. MICROECONOMICS. II. FOUNDATIONS OF MICROECONOMICS: CONSUMERS AND FIRMS. 6. Household Behavior and Consumer Choice. 7. The Behavior of Profit-Maximizing Firms and the Production Process. 8. Short-Run Costs and Output Decisions. 9. Costs and Output Decisions in the Long Run. 10. Input Demand: The Labor and Land Markets. 11. The Capital Market and the Investment Decision. 12. General Equilibrium and the Efficiency of Perfect Competition. III. MARKET IMPERFECTIONS AND THE ROLE OF GOVERNMENT. 13. Monopoly. 14. Monopolistic Competition and Oligopoly. 15. Antitrust and Regulation. 16. Externalities, Public Goods, Imperfect Information, and Social Choice. 17. Income Distribution and Poverty. IV. CURRENT MICROECONOMIC ISSUES. 18. Public Finance: The Economics of Taxation. 19. The Economics of Labor Markets and Labor Unions. 20. Current Topics in Applied Microeconomics: Health Care, Immigration, and Urban Problems. MACROECONOMICS. V. CONCEPTS AND PROBLEMS IN MACROECONOMICS. 21. Introduction to Macroeconomics. 22. Measuring National Output and National Income. 23. Macroeconomic Problems: Unemployment and Inflation. VI. MACROECONOMIC PRINCIPLES AND POLICY. 24. Aggregate Expenditure and Equilibrium Output. 25. The Government and Fiscal Policy. 26. The Money Supply and the Federal Reserve System. 27. The Money Demand, the Equilibrium Interest Rate, and Monetary Policy. VII. MACROECONOMIC ANALYSIS AND ISSUES. 28. Money, the Interest Rate, and National Income: Analysis and Policy. 29. Aggregate Demand, Aggregate Supply, and Inflation. 30. The Labor Market, Unemployment, and Inflation. 31. Deficit Reduction, Stabilization Policy, and Macro Issues Abroad. VIII. HOUSEHOLD AND FIRM BEHAVIOR IN THE MACROECONOMY: A CLOSER LOOK. 32. Household and Firm Behavior in the Macroeconomy. 33. Further Topics in Macroeconomic Analysis. IX. DEBATES IN MACROECONOMICS AND ECONOMIC GROWTH. 34. Debates in Macroeconomics: Monetarism, New Classical Theory, and Supply-Side Economics. 35. Economic Growth and Productivity. INTERNATIONAL ECONOMICS. X. THE GLOBAL ECONOMY. 36. International Trade, Comparative Advantage, and Protectionism. 37. Open Economy Macroeconomics: The Balance of Trade and Exchange Rates. 38. Economic Growth in Developing Nations. 39. Economics in Transition and Alternative Economic Systems. Glossary. Index.
