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Table of ContentsPART 1: Introduction
1. The Nature of Economics
2. Scarcity and the World of Trade-Offs
3. Demand and Supply
4. Extensions of Demand and Supply Analysis
5. Public Spending and Public Choice
6. Funding the Public Sector
PART 2: Introduction to Macroeconomics and Economic Growth
7. The Macroeconomy: Unemployment, Inflation, and Deflation
8. Measuring the Economy Performance
9. Global Economic Growth and Development
PART 3: Real GDP Determination and Fiscal Policy
10. Real GDP and the Price Level in the Long Run
11. Classical and Keynesian Macro Analyses
12. Consumption, Real GDP, and the Multiplier
13. Fiscal Policy
14. Deficit Spending and the Public Debt
PART 4: Money, Stabilization, and Growth
15. Money, Banking, and Central Banking
16. Domestic and International Dimensions of Monetary Policy
17. Stabilization in an Integrated World Economy
18. Policies and Prospects for Global Economic Growth
PART 8: Global Economics
32. Comparative Advantage and the Open Economy
33. Exchange Rates and the Balance of Payments
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