Economics

Includes index.

Basic problems of economic organization --
Markets and government in a modern economy --
Basic elements of supply and demand --
Supply and demand in individual markets --
Demand and consumer behavior --
Production and business organization --
Analysis of costs --
Supply and pricing in competitive markets --
Marginal revenue and monopoly --
Oligopoly and monopolistic competition --
Uncertainty and games in economic behavior --
Incomes and the pricing of factors of production --
Wages and the labor market --
Labor unions and collective bargaining --
Land, natural resources, and capital --
Markets and economic efficiency --
Government and the economy --
Government taxation and expenditure --
Curbing market power : regulation and antitrust policies --
Income distribution and the struggle against poverty --
The winds of change : the triumph of the market --
Overview of macroeconomics --
Measuring national output and income --
Consumption and investment --
Fundamentals of aggregate supply and demand --
The multiplier model --
Money and commercial banking. Central banking and monetary policy --
Economic growth --
Business cycles and unemployment --
The cost of inflation --
Inflation and unemployment --
Fiscal policy, deficits, and the government debt --
Issues in economic stabilization --
International trade and the theory of comparative advantage --
Protectionism and free trade --
The economics of developing countries --
Exchange rates and the international financial system.

This text provides complete coverage of economics at an introductory level by blending up-to-date theory, relevant applications and policy options. It covers both macro- and microeconomics, and includes chapters on environmental economics and the economics of health care.