Economics

<h2>Brief Contents</h2> <div class="c-section-headers-non-traditional-number-list_container"> <h3>PART I: INTRODUCTION</h3> <ol> <li>What is Economics?</li> <li>The Economic Problem</li> </ol> <h3>PART II: HOW MARKETS WORK</h3> <ol start="3"> <li>Demand and Supply</li> <li>Elasticity</li> <li>Efficiency And Equity</li> <li>Government Actions in Markets</li> <li>Global markets in Action</li> </ol> <h3>PART III: HOUSEHOLDS’ CHOICES</h3> <ol start="8"> <li>Utility and Demand</li> <li>Possibilities, Preferences, and Choices</li> </ol> <h3>PART IV: FIRMS AND MARKETS</h3> <ol start="10"> <li>Organizing Production</li> <li>Output and Costs</li> <li>Perfect Competition</li> <li>Monopoly</li> <li>Monopolistic Competition</li> <li>Oligopoly</li> </ol> <h3>PART V: MARKET FAILURE AND GOVERNMENT</h3> <ol start="16"> <li>Public Choices, Public Goods, and Healthcare</li> <li>Externalities</li> </ol> <h3>PART VI: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY</h3> <ol start="18"> <li>Markets for Factors of Production</li> <li>Economic Inequality</li> <li>Uncertainty and Information</li> </ol> <h3>PART VII: MONITORING MACROECONOMIC PERFORMANCE</h3> <ol start="21"> <li>Monitoring the Value of Production: GDP</li> <li>Monitoring Jobs and Inflation</li> </ol> <h3>PART VIII: MACROECONOMIC TRENDS</h3> <ol start="23"> <li>Economic Growth</li> <li>Finance, Saving, and Investment</li> <li>Money, the Price Level, and Inflation</li> <li>The Exchange Rate and the Balance of Payments</li> </ol> <h3>PART IX: MACROECONOMIC FLUCTUATIONS</h3> <ol start="27"> <li>Aggregate Supply and Aggregate Demand</li> <li>Expenditure Multipliers</li> <li>The Business Cycle, Inflation, and Deflation</li> </ol> <h3>PART X: MACROECONOMIC POLICY</h3> <ol start="30"> <li>Fiscal Policy</li> <li>Monetary Policy</li> </ol> </div>