Chapter 1: Economics: The World Around You

• Mapping -- Another Type of Abstraction
• Teen Pregnancy and Welfare Reform
• Is Water a Free Good?
• College Attendance

Chapter 2: Choice, Opportunity Costs, and Specialization

• Specialization and the Division of Labor
• WTO/GATT
• International Trade in Goods

Chapter 3: Markets, Demand and Supply, and the Price System

• Rent Control
• Energy Crisis in California
• Iowa Electronic Markets
• Buying the world a Coke?

Chapter 4: The Market System and the Private Sector

• Consumer Sovereignty
• Imports and Exports
• U.S. Imports and Exports by Area

Chapter 5: The Public Sector

• Cigarettes, Children, and the FDA
• Markets and Ocean Fisheries
• Federal, State, and Local Budgets

Chapter 6: National Income Accounting

• GDP
• The CPI and an Individual's Cost of Living
• Human Development Index
• Price Indexes

Chapter 7: An Introduction to the Foreign Exchange Market and the Balance of Payments

• Trends in World Trade
• CD prices in the United Kingdom
• Mexico's Balance of Payments
• Currency Appreciation and Depreciation

Chapter 8: Unemployment and Inflation

• Recent Macroeconomic Performance
• U.S. Business Cycle Expansions and Contractions
• Nominal and Real Interest Rates
• Controversy over Labour Statistics
• How the Government Measures Unemployment

Chapter 9: Macroeconomic Equilibrium: Aggregate Demand and Supply

• AD/AS Analysis and the U.S. Economy
• Mexico: Economic Policy Guidelines for 1998
• Alan Greenspan's February 2001 Report
• Business Cycles and AD/AS

Chapter 10: Aggregate Expenditures

• Capacity Utilization and Investment
• Consumption Function Data
• Net Exports and Unemployment
• Net Exports Deficit and Surplus

Chapter 11: Income and Expenditures Equilibrium

• FDR and the Income and Expenditures Model
• U.S. Economic Performance in 1997
• U.S. Economic Performance in 2002
• U.S. Economic Performance in 2004
• Macroeconomic Interdependence

Chapter 12: Fiscal Policy

• Tax Cuts and Investment
• A Balanced-Budget Amendment?
• U.S. Government Revenue
• Balanced Budget Amendment: Pro and Con

Chapter 13: Money and Banking

• Money in North American History
• The Bimetallic Standard and Gresham's Law
• The Euro
• Bank Failures

Chapter 14: Monetary Policy

• Continental Currency
• Velocity and Monetary Policy Rules
• Minutes of the Federal Open Market Committee

Chapter 15: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, and Sources of Business Cycles

• The Economic Report of the President
• Stanley Fischer on Central Banking
• Establishing Federal Reserve Inflation Goals
• The NAIRU

Chapter 16: Macroeconomic Viewpoints: New Keynesian, Monetarist, and New Classical

• The Evolution of Macroeconomic Principles
• Paul Romer's Views on Macroeconomic Policy
• Janet Yellen

Chapter 17: Economic Growth

• Purchasing Power Parity and the Big Mac
• A Common Monetary Policy for the EC
• The OECD

Chapter 18: Development Economics

• Expanding the Nation's Productive Capacity
• Breaking Down the Barriers to Technological Progress
• Factor Contributions to Economic Growth
• Paul Romer on Economic Growth
• Corruption and Productivity
• Economic and Social Indicators
• Technical Assistance
• Human Capital and Gender Equality

Chapter 19: Globalization

• Trade and the Environment
• Globalization and Sweatshop Labor
• WTO and National Sovereignty

Chapter 20: World Trade Equilibrium

• Globalization Takes Hold
• The Role of the WTO

Chapter 21: International Trade Restrictions

• Aftermarket Auto Parts
• Free Trade Area of the Americas
• Health and Sanitary Requirements
• The Role of the WTO
• Trade Disputes

Chapter 22: Exchange Rates and Financial Links Between Countries

• Alternative Exchange Rate Systems
• Dollar Peggers