Chapter 1: What Is Economics?Section 1.1:
Scarcity and the Factors of Production
Section 1.2:
Opportunity Cost
Section 1.3:
Production Possibilities Curves
Page 20:
Chapter 1 Assessment
Chapter 2: Economic SystemsSection 2.1:
Answering the Three Economic Questions
Section 2.2:
The Free Market
Section 2.3:
Centrally Planned Economies
Section 2.4:
Modern Economies
Page 46:
Chapter 2 Assessment
Chapter 3: American Free EnterpriseSection 3.1:
Benefits of Free Enterprise
Section 3.2:
Promoting Growth and Stability
Section 3.3:
Providing Public Goods
Section 3.4:
Providing a Safety Net
Page 72:
Chapter 3 Assessment
Section 4.1:
Understanding Demand
Section 4.2:
Shifts of the Demand Curve
Section 4.3:
Elasticity of Demand
Page 98:
Chapter 4 Assessment
Section 5.1:
Understanding Supply
Section 5.2:
Costs of Production
Section 5.3:
Changes in Supply
Page 122:
Chapter 5 Assessment
Section 6.1:
Combining Supply and Demand
Section 6.2:
Changes in Market Equilibrium
Section 6.3:
The Role of Prices
Page 146:
Chapter 6 Assessment
Chapter 7: Market StructuresSection 7.1:
Perfect Competition
Section 7.2:
Monopoly
Section 7.3:
Monopolistic Competition and Oligarchy
Section 7.4:
Regulation and Deregulation
Page 178:
Chapter 7 Assessment
Chapter 8: Business OrganizationsSection 8.1:
Sole Proprietorships
Section 8.2:
Partnerships
Section 8.3:
Corporations, Mergers, and Multinationals
Section 8.4:
Other Organizations
Page 206:
Chapter 8 Assessment
Section 9.1:
Labor Market Trends
Section 9.2:
Labor and Wages
Section 9.3:
Organized Labor
Page 236:
Chapter 9 Assessment
Chapter 10: Money and BankingSection 10.1:
Money
Section 10.2:
The History of American Banking
Section 10.3:
Banking Today
Page 266:
Chapter 10 Assessment
Chapter 11: Financial MarketsSection 11.1:
Saving and Investing
Section 11.2:
Bonds and Other Financial Assets
Section 11.3:
The Stock Market
Page 294:
Chapter 11 Assessment
Chapter 12: Gross Domestic Product and GrowthSection 12.1:
Gross Domestic Product
Section 12.2:
Business Cycles
Section 12.3:
Economic Growth
Page 326:
Chapter 12 Assessment
Chapter 13: Economic ChallengesSection 13.1:
Unemployment
Section 13.2:
Inflation
Section 13.3:
Poverty
Page 352:
Chapter 13 Assessment
Chapter 14: Taxes and Government SpendingSection 14.1:
What are Taxes?
Section 14.2:
Federal Taxes
Section 14.3:
Federal Spending
Section 14.4:
State and Local Taxes and Spending
Page 382:
Chapter 14 Assessment
Section 15.1:
Understanding Fiscal Policy
Section 15.2:
Fiscal Policy Options
Section 15.3:
Budget Deficits and the National Debt
Page 410:
Chapter 15 Assessment
Chapter 16: The Federal Reserve and Monetary PolicySection 16.1:
The Federal Reserve System
Section 16.2:
Federal Reserve Functions
Section 16.3:
Monetary Policy Tools
Section 16.4:
Monetary Policy and Macroeconomic Stabilization
Page 436:
Chapter 16 Assessment
Chapter 17: International TradeSection 17.1:
Why Nations Trade
Section 17.2:
Trade Barriers and Agreements
Section 17.3:
Measuring Trade
Page 466:
Chapter 17 Assessment
Chapter 18: Economic Development and TransitionSection 18.1:
Levels of Development
Section 18.2:
Issues in Development
Section 18.3:
Financing Development
Section 18.4:
Transitions to Free Enterprise
Page 496:
Chapter 18 Assessment
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