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Includes:
What is Economic Theory?
Thinking Like Economists
The Forces of the Market: Supply and Demand
The Basis of Demand: Consumer Choices
The Basis of Supply: Firms in Competitive Markets
Consumers, Producers and Market Efficiency
Supply, Demand and Government Policies
Public Goods, Common Resources and Congestible Goods
Market Failure and Externalities
The Production Decisions of Firms
Market Structures I: Monopoly
Market Structures II: Monopolistic Competition
Market Structures III: Oligopoly
Market Structures IV: Contestable Markets
The Economics of Factor Markets
Income Inequality and Poverty
Interdependence and the Gains from Trade
Economics of Information and Behavioral Economics
Heterodox Theories in Economics
The Measurement of National Welfare and Price Levels
Production and Growth
Unemployment and the Labor Market
Saving, Investment and the Financial System
The Monetary System
Macroeconomics of Open Economies
Economic Cycles
Keynesian Economic Theory and IS-LM Analysis
Aggregate Demand and Aggregate Supply
The Effect of Monetary and Fiscal Policy on Aggregate Demand
The Short-Run Trade-off between Inflation and Unemployment
Supply-side Economic Policies
The Causes and Consequences of the Financial Crisis
Currency Union Zones
The Future of the European Union
Glossary
Index
Mathematical Formulas
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