WHAT IS ECONOMICS? 1 CHAPTER. Objectives After studying this chapter, you will be able to: Define economics and distinguish between microeconomics and.
ECONOMIC GROWTH 25 CHAPTER. Objectives After studying this chapter, you will able to Describe the long-term growth trends in the United States and other.
MONOPOLISTIC COMPETITION AND OLIGOPOLY 13 CHAPTER.
ECONOMIC INEQUALITY 18 CHAPTER. Objectives After studying this chapter, you will able to Describe the inequality in income and wealth in the United States.
MONETARY POLICY 32 CHAPTER. Objectives After studying this chapter, you will be able to Distinguish among the instruments, ultimate goals, and intermediate.
EXPENDITURE MULTIPLIERS: THE KEYNESIAN MODEL 13 CHAPTER.
THE BUSINESS CYCLE 30 CHAPTER. Objectives After studying this chapter, you will able to Distinguish among the different theories of the business cycle.
DEMAND AND SUPPLY IN FACTOR MARKETS 17 CHAPTER. Objectives After studying this chapter, you will able to Explain how firms choose the quantities of labor,
MARKETS IN ACTION 6 CHAPTER. Objectives After studying this chapter, you will able to Explain how housing markets work and how price ceilings create housing.
ORGANIZING PRODUCTION 9 CHAPTER. Objectives After studying this chapter, you will able to Explain what a firm is and describe the economic problems that.
EXTERNALITIES 15 CHAPTER. Objectives After studying this chapter, you will able to Explain how property rights can sometimes be used to overcome externalities.
MONOPOLY 12 CHAPTER. Objectives After studying this chapter, you will able to Explain how monopoly arises and distinguish between single-price monopoly.