Chapter 1: What is Economics?Section 1.1:
Scarcity and the Science of Economics
Section 1.2:
Our Economic Choices
Section 1.3:
Using Economic Models
Page 33:
Chapter Assessment
Chapter 2: Economic Systems and Decision MakingSection 2.1:
Economic Systems
Section 2.2:
Mixed Economies
Section 2.3:
The Global Transition to Capitalism
Page 67:
Chapter Assessment
Chapter 3: The American Free Enterprise SystemSection 3.1:
American Free Enterprise Capitalism
Section 3.2:
Roles and Responsibilities in a Free Enterprise Economy
Section 3.3:
Evaluating Economic Performance
Page 95:
Chapter Assessment
Section 4.1:
What is Demand?
Section 4.2:
Factors Affecting Demand
Section 4.3:
Elasticity of Demand
Page 123:
Chapter Assessment
Section 5.1:
What is Supply?
Section 5.2:
The Theory of Production
Section 5.3:
Cost, Revenue, and Profit Maximization
Page 149:
Chapter Assessment
Section 6.1:
How Prices Work
Section 6.2:
The Effects of Prices
Section 6.3:
Social Goals, Prices, and Mark Efficiency
Page 177:
Chapter Assessment
Chapter 7: Market StructuresSection 7.1:
Competition and Market Structures
Section 7.2:
Market Failures
Section 7.3:
The Role of Government
Page 205:
Chapter Assessment
Chapter 8: Business OrganizationSection 8.1:
Forms of Business Organization
Section 8.2:
Business Growth and Expansion
Section 8.3:
Nonprofit Organizations
Page 239:
Chapter Assessment
Chapter 9: Labor and WagesSection 9.1:
The Labor Movement
Section 9.2:
Wages and Labor Disputes
Section 9.3:
Employment Trends and Issues
Page 269:
Chapter Assessment
Chapter 10: Money and BankingSection 10.1:
The Evolution, Functions, and Characteristics of Money
Section 10.2:
The Development of Modern Banking
Section 10.3:
Banking Today
Page 299:
Chapter Assessment
Chapter 11: Financial MarketsSection 11.1:
Savings and the Financial System
Section 11.2:
Financial Assets and Their Markets
Section 11.3:
Investing in Equities and Options
Page 329:
Chapter Assessment
Chapter 12: Evaluating the EconomySection 12.1:
Measuring the Nation's Output and Income
Section 12.2:
Population Growth and Trends
Section 12.3:
Poverty and the Distribution of Income
Page 361:
Chapter Assessment
Chapter 13: Economic InstabilitySection 13.1:
Business Cycles and Economic Instability
Section 13.2:
Inflation
Section 13.3:
Unemployment
Page 393:
Chapter Assessment
Chapter 14: Taxes and Government SpendingSection 14.1:
Taxes
Section 14.2:
Federal Government Finances
Section 14.3:
State and Local Government Finances
Page 433:
Chapter Assessment
Section 15.1:
Demand-Side Policies
Section 15.2:
Supply-Side Policies
Section 15.3:
Macroeconomic Equilibrium
Page 459:
Chapter Assessment
Chapter 16: Monetary PolicySection 16.1:
Structure and Responsibilities of the Fed
Section 16.2:
Monetary Policy
Section 16.3:
Economics and Policies
Page 487:
Chapter Assessment
Chapter 17: Resources for Global TradeSection 17.1:
Absolute and Comparative Advantage
Section 17.2:
Barriers to International Trade
Section 17.3:
Foreign Exchange and Trade Deficits
Page 517:
Chapter Assessment
Chapter 18: Global Economic DevelopmentSection 18.1:
Economic Development
Section 18.2:
Globalization: Characteristics and Trends
Section 18.3:
Global Problems and Economic Incentives
Page 553:
Chapter Assessment
Chapter 19: Personal Financial LiteracySection 19.1:
Financial Institutions and Your Money
Section 19.2:
Business Organizations and Your Money
Section 19.3:
Personal Money Decisions
Page 585:
Chapter Assessment
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