Chapter 1: What is Economics?Page 3:
Essential QuestionPage 5:
Think About It!
Section 1:
Scarcity and the Science of Economics
Section 2:
Our Economic Choices
Section 3:
Using Economic Models
Chapter 2: Economic systems and Decision MakingPage 35:
Essential Question
Page 37:
Think About It!
Section 1:
Economic Systems
Section 2:
Mixed Economies
Section 3:
The Global Transition to Capitalism
Chapter 3: The American Free Enterprise SystemPage 69:
Essential Questions
Page 71:
Think About It!
Section 1:
American Free Enterprise Capitalism
Section 2:
Roles and Responsibilities in a free Enterprise Economy
Section 3:
Evaluating Economic Performance
Page 99:
Essential Questions
Page 101:
Think About It!
Section 1:
What Is Demand?
Section 2:
Factors Affecting Demand
Section 3:
Elasticity of Demand
Page 125:
Essential Questions
Page 127:
Think About It!
Section 1:
What Is Supply
Section 2:
The Theory of Production
Section 3:
Cost, Revenue, and Profit Maximization
Page 151:
Essential Questions
Page 152:
Think About It!
Section 1:
How Prices Work
Section 2:
The Effects of Prices
Section 3:
Social Goals, Prices, and Market Efficiency
Chapter 7: Market StructuresPage 179:
Essential Questions
Page 181:
Think About It!
Section 1:
Competition and Market Structures
Section 2:
Market Failures
Section 3:
The Role of Government
Chapter 8: Business OrganizationPage 209:
Essential Questions
Page 211:
Think About It!
Section 1:
Forms of Business Organization
Section 2:
Business Growth and Expansion
Section 3:
Nonprofit Organizations
Chapter 9: Labor and WagesPage 241:
Essential Questions
Page 243:
Think About It!
Section 1:
The Labor Movement
Section 2:
Wages and Labor Disputes
Section 3:
Employment Trends and Issues
Chapter 10: Money and BankingPage 273:
Essential Questions
Page 275:
Thinking About It!
Section 1:
The Evolution, Functions, and Characteristics of Money
Section 2:
The Development of Modern Banking
Section 3:
Banking Today
Chapter 11: Financial MarketsPage 301:
Essential Questions
Page 303:
Think About It!
Section 1:
Saving and the Financial System
Section 2:
Financial Assets Their Markets
Section 3:
Investing in Equities and Options
Chapter 12: Evaluating the EconomyPage 333:
Essential Question
Page 335:
Think About It!
Section 1:
Measuring the Nation's Output and Income
Section 2:
Population Growth and Trends
Section 3:
Poverty and the Distribution of Income
Chapter 13: Economic InstabilityPage 363:
Essential Question
Page 365:
Think About It!Section 1:
Business Cycles and Economic Instability
Section 2:
Inflation
Section 3:
Unemployment
Chapter 14: Taxes and Government SpendingPage 397:
Essential Question
Page 399:
Think About It!
Section 1:
Taxes
Section 2:
Federal Government Finances
Section 3:
State and Local Government Finances
Page 435:
Essential Questions
Page 437:
Think About It!
Section 1:
Demands-Side Policies
Section 2:
Supply-Side Policies
Section 3:
Macroeconomic Equilibrium
Chapter 16: Monetary PolicyPage 461:
Essential Question
Page 463:
Think About It!
Section 1:
Structure and Responsibilities of the Fed
Section 2:
Monetary Policy
Section 3:
Economics and Politics
Chapter 17: Resources for Global TradePage 491:
Essential Question
Page 493:
Think About It!
Section 1:
Absolute and Comparative Participating Parties?
Section 2:
Barriers to International Trade
Section 3:
Foreign Exchange and Trade Deficits
Chapter 18: Global Economic DevelopmentPage 519:
Essential Questions
Page 521:
Think About It!
Section 1:
Economic Development
Section 2:
Globalization: Characteristic and Trends
Section 3:
Global Problems and Economic Incentives
Chapter 19: Personal Financial LiteracyPage 555:
Essential Questions
Page 557:
Think About It!
Section 1:
Financial Institutions and Your Money
Section 2:
Business Organizations and Your Money
Section 3:
Personal Money Decisions
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