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• Table of Contents

Table of Contents

Part I: GETTING ACQUAINTED WITH ECONOMICS.
1. What Is Economics?
2. The Economy: Myth and Reality.
3. The Fundamental Economic Problem: Scarcity and Choice.
4. Supply and Demand: An Initial Look
Part II: THE MACROECONOMY: AGGREGATE SUPPLY AND DEMAND.
5. An Introduction to Macroeconomics.
6 The Goals of Macroeconomic Policy.
7. Economic Growth: Theory and Policy.
8. Aggregate Demand and the Powerful Consumer.
9. Demand-Side Equilibrium: Unemployment or Inflation?
10. Bringing in the Supply Side: Unemployment and Inflation?
Part III: FISCAL AND MONETARY POLICY.
11. Managing Aggregate Demand: Fiscal Policy.
12. Money and the Banking System.
13. Managing Aggregate Demand: Monetary Policy.
14. The Debate Over Monetary and Fiscal Policy.
15. Fiscal Policy, Monetary Policy, and Growth.
16. The Trade-off between Inflation and Unemployment.
Part IV: THE UNITED STATES IN THE WORLD ECONOMY.
17. International Trade and Comparative Advantage.
18. The International Monetary System: Order or Disorder?
19. Exchange Rates and the Macroeconomy.