Table of Contents
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PART I
INTRODUCTION TO THE PRICE SYSTEM

Chapter 1: Economics: The World Around You
Chapter 2: Choice, Opportunity, Costs, and Specialization
Chapter 3: Markets, Demand and Supply, and the Price System
Chapter 4: The Market System and the Private Sector
Chapter 5: The Public Sector

PART II
PRODUCT MARKET BASICS

Chapter 6: Elasticity: Demand and Supply
Chapter 7: Consumer Choice
Chapter 8: Supply: The Costs of Doing Business

PART III
PRODUCT MARKETS

Chapter 9: An Overview of Product Markets and Profit Maximization
Chapter 10: Perfect Competition
Chapter 11: Monopoly
Chapter 12: Monopolistic Competition and Oligopoly
Chapter 13: Government Policy Toward Business

PART IV
RESOURCE MARKETS

Chapter 14: An Overview of Resource Markets
Chapter 15: The Labor Market: Wage Differentials and Personnel Practices
Chapter 16: Wage Differentials: Race, Gender, Age, and Unionization,
Chapter 17: Capital and Technological Change
Chapter 18: Natural Resources and Environmental Policy

PART V
CURRENT ISSUES INVOLVING THE PUBLIC SECTOR AND THE MARKET ECONOMY

Chapter 19: Aging, Social Security, and Health Care
Chapter 20: Income Distribution, Poverty, and Government Policy

PART VI
ISSUES IN INTERNATIONAL TRADE AND FINANCE

Chapter 21: World Trade Equilibrium
Chapter 22: International Trade Restrictions
Chapter 23: Exchange-Rate Systems and Practices
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