I. Introduction 1. Economics: Foundations and Models2. Trade-offs, Comparative Advantage, and the Market System3. Where Prices Come From: The Interaction of Demand and Supply4. Economic Efficiency, Government Price Setting, and Taxes5. The Economics of Health CareII. Firms in the Domestic and International Economies 6. Firms, the Stock Market, and Corporate Governance7. Comparative Advantage and the Gains from International TradeIII. Macroeconomic Foundations and Long-Run Growth 8. GDP: Measuring Total Production and Income9. Unemployment and Inflation10. Economic Growth, the Financial System, and Business Cycles11. Long-Run Economic Growth: Sources and PoliciesIV. Short-Run Fluctuations 12. Aggregate Expenditure and Output in the Short Run13. Aggregate Demand and Aggregate Supply AnalysisV. Monetary and Fiscal Policy 14. Money, Banks, and the Federal Reserve System15. Monetary Policy16. Fiscal Policy17. Inflation, Unemployment, and Federal Reserve Policy
