Part one. Basec concepts
1. The study of economics
2. Scarcity, choice, and mutual dependence
3. Prices, markets, and resource allocation
4. Mixed capitalism: Business firms and the government
Part two. Macroeconomics: Employment, inflation, fiscal policy, monetary policy, economic stability, and economic growth
5. National economic goals and goal conflicts: an analysis of the record
6. The national income and products accounts
7. Static models of income determination: the classical and Keynesian approaches
Appendix: The short-run and long-run consumption function
8. Fiscal policy and national income determination: a static approach
9. Money and the U.S. financial system
10. Credit expansion and contraction
11. Money and the level of economic activity: a static analysis
12. Aggregate demand, aggregate supply, and the price level
13. The macrodynamics of aggregate demand and aggregate supply
14. Unemployment, inflation, and growth: demand management and supply-side policy issues
15. The balance of payments and the international monetary system
Part three. Microeconomics of consumer and business behavior: Price and output determination in product markets
16. Demand, supply, and the clasticity concept
17. Utility theory and the theory of demand
Appendix: indifference curve analysis
18. Costs, profits, and product supply
19. Pure competition and competitive product supply
20. Monopoly and pure competition: a study of contrasts
21. Monopolistic competition and oligopoly
Part four. Microeconomics of consumer and business behavior: Price determination in resource markets and distribution of income
22. Theory of production and resouce use
23. Labor income:; Its determination and districution
24. Rent, interest, and profits
25. The economics of depletable resources
26. Income inequality
27. Government and the private sector: Antitrust policies and other government regulations
28. Government and the private sector: The general problem of externalities
Part five. The United States and the world economy
29. Trade and trade restrictions
30. Trade liberalization and U.S. commercial policies
Index
