Economics : principles, problems, and policies / Campbell R. McConnell, University of Nebraska, Stanley L. Brue, Pacific Lutheran University, Sean M. Flynn, Scripps College.

Includes index.

Part I. Introduction to Economics and the Economy -- Part II. Price, Quantity, and Efficiency -- Part III. Consumer Behavior -- Part IV. Microeconomics of Product Markets -- Part V. Microeconomics of Resource Markets and Government -- Part VI. Microeconomic Issues and Policies -- Part VII. GDP, Growth, and Instability -- Part VIII. Macroeconomic Models and Fiscal Policy -- Part IX. Money, Banking, and Monetary Policy -- Part X. Extensions and Issues -- Part XI. International Economics -- --

Part I. Introduction to Economics and the Economy -- 1. Limits, Alternatives, Choices -- 2. The Market System and the Circular Flow -- -- Part II. Price, Quantity, and Efficiency -- 3. Demand, Supply, and Market Equilibrium -- 4. Market Failures: Public Goods and Externalities -- 5. Government's Role and Government Failure -- -- Part III. Consumer Behavior -- 6. Elasticity -- 7. Utility Maximization -- 8. Behavioral Economics -- -- Part IV. Microeconomics of Product Markets -- 9. Businesses and the Cost of Production -- 10. Pure Competition in the Short Run -- 11. Pure Competition in the Long Run -- 12. Pure Monopoly -- 13. Monopolistic Competition and Oligopoly -- 13. W Technology, R&D, and Efficiency -- -- Part V. Microeconomics of Resource Markets and Government -- 14. The Demand for Resources -- 15. Wage Determination -- 16. Rent, Interest, and Profit -- 17. Natural Resource and Energy Economics -- 18. Public Finance: Expenditures and Taxes -- -- Part VI. Microeconomic Issues and Policies -- 19. Antitrust Policy and Regulation -- 20. Agriculture: Economics and Policy -- 21. Income Inequality, Poverty, and Discrimination -- 22. Health Care -- 23. Immigration -- -- Part VII. GDP, Growth, and Instability -- 24. An Introduction to Macroeconomics -- 25. Measuring Domestic Output and National Income -- 26. Economic Growth -- 27. Business Cycles, Unemployment, and Inflation -- -- Part VIII. Macroeconomic Models and Fiscal Policy -- 28. Basic Macroeconomic Relationships -- 29. The Aggregate Expenditures Model -- 30. Aggregate Demand and Aggregate Supply -- 31. Fiscal Policy, Deficits, and Debt -- -- Part IX. Money, Banking, and Monetary Policy -- 32. Money, Banking, and Financial Institutions -- 33. Money Creation -- 34. Interest Rates and Monetary Policy -- 35. Financial Economics -- -- Part X. Extensions and Issues -- 36. Extending the Analysis of Aggregate Supply -- 37. Current Issues in Macro Theory and Policy -- -- Part XI. International Economics -- 38. International Trade -- 39. The Balance of Payments, Exchange Rates, and Trade Deficits -- 39. W The Economics of Developing Countries COI -- 1. The United States in the Global Economy COI -- 2. Previous International Exchange Rate Systems.