ASCOT Library Zabali Campus

Includes appendices and index.

Part I: INTRODUCTION TO ECONOMICS. --
1. Introducing the Economic Way of Thinking. --
Appendix: Applying Graphs to Economics. --
2. Production Possibilities, Opportunity Cost, and Economic Growth. --
PART II: MICROECONOMICS FUNDAMENTALS. --
3. Market Demand and Supply --
Appendix: Consumer Surplus, Producer Surplus, and Market Efficiency --
4. Markets in Action --
Appendix: Applying Supply and Demand Analysis to Health Care --
Part III: MACROECONOMIC FUNDAMENTALS --
5. Gross Domestic Product. --
Appendix: A Four-Sector Circular Flow Model. --
6. Business Cycles and Unemployment.7. Inflation. --
Part IV: MACROECONOMIC THEORY AND POLICY. --
8. The Keynesian Model. --
9. The Keynesian Model in Action. --
10. Aggregate Demand and Supply. --
Appendix: The Self-Correcting Aggregate Demand and Supply Model. --
11. Fiscal Policy.12. The Public Sector. --
13. Federal Deficits, Surpluses, and the National Debt. --
Part V: MONEY, BANKING, AND MONETARY POLICY. --
14. Money and the Federal Reserve System. --
15. Money Creation. --
16. Monetary Policy. --
Appendix: Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model. --
17. The Phillips Curve and Expectations Theory. --
Part VI: THE INTERNATIONAL ECONOMY. --
18. International Trade and Finance. --
19. Economies in Transition. --
20. Growth and the Less-Developed Countries. --
Appendix A: Answers to Odd-Numbered Study Questions and Problems. --
Appendix B: Answers to Sample Quizzes. --
Appendix C: Answers to Road Map Questions. --
Glossary. --
Index.

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