Description: PART I: ECONOMICS: THE SCIENCE OF SCARCITY.1. What is Economics About.Appendix A: Working with Diagrams.Appendix B: Should You Major in Economics? 2. Production Possibilities Frontier.3. Supply and Demand: Theory.4. Prices: Free, Controlled, and Relative.5. Supply, Demand, and Price: Applications.PART II: MICROECONOMIC FUNDAMENTALS.6. Elasticity.7. Consumer Choice and Behavioral Economics.Appendix C: Budget Constraint and Indifference Curve Analysis.PART III: PRODUCT MARKETS AND POLICIES.8. Perfect Competition.9. Monopoly.10. Monopolistic Competition, Oligopoly, and Game Theory.11. Government and Product Markets: Antitrust and Regulation.PART IV: FACTOR MARKETS AND RELATED ISSUES.12. Factor Markets: With Emphasis on the Labor Market.13. Wages, Unions, and Labor.14. The Distribution of Income and Poverty.15. Interest, Rent, and Profit.PART V: MARKET FAILURE, PUBLIC CHOICE, AND SPECIAL-INTEREST-GROUP POLITICS.16. Market Failure: Externalities, Public Goods, and Asymmetric Information.17. Public Choice and Special-Interest-Group Politics.PART VI: GOVERNMENT AND MARKETS.18. The Economic Case For and Against Government: Five Topics Considered.PART VII: INTERNATIONAL ECONOMICS AND GLOBALIZATION.19. International Trade.20. International Finance.PART VIII: FINANCIAL MATTERS.21. Stocks, Bonds, Futures, and Options.PART IX: WEB CHAPTER.23. Agriculture: Problems, Policies, and Unintended Effects.

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