Economics Explore & Apply

(NOTE: Each chapter contains a Chapter Summary and Learning Objectives, Key Terms, a Self-Test, and Questions and Problems. Macro Split contains Chapters 1-14 plus chapters 27-29. Micro Split contains Chapters 1-4 plus chapters 15-28.) I. A JOURNEY THROUGH THE ECONOMY. 1. The Economic Perspective. 2. Production and Trade. 3. Demand and Supply. 4. The Power of Prices. II. MONITORING THE MACRO ECONOMY. 5. Measuring National Output. 6. Unemployment. 7. Inflation. III. AGGREGATE SUPPLY AND AGGREGATE DEMAND. 8. A Framework for Macroeconomic Analysis. 9. Short-Run Instability. 10. Aggregate Expenditures. IV. INCENTIVES FOR PRODUCTIVITY. 11. Fiscal Policy in Action. 12. Economic Growth. V. MONEY AND MONETARY POLICY. 13. Money, Banking, and the Federal Reserve. 14. Monetary Policy and Price Stability. VI. MICROECONOMIC FOUNDATIONS. 15. Elasticity: Measuring Responsiveness. 16. Consumer Behavior. 17. The Firm and Production. 18. Costs and Profit-Maximizing Output. VII. OUTPUT MARKETS. 19. Pure Competition. 20. Monopoly and Antitrust. 21. Oligopoly and Monopolistic Competition. VIII. INPUT MARKETS. 22. Markets for Labor and Other Inputs. 23. Earnings and Income Distribution. IX. MARKET FAILURE AND GOVERNMENT ACTION. 24. Public Goods, Information, and Regulation. 25. Externalities and Common Property Resources. 26. Public Choice. X. THE GLOBAL ECONOMY. 27. Into the International Marketplace. 28. Policy Toward Trade. 29. Economic Development. CombinedAyers, Ronald M. is the author of 'Economics Explore & Apply' with ISBN 9780130164100 and ISBN 0130164100.