<p>PART 1: INTRODUCTION</p> <ol start="1"> <li> What is Economics?</li> <li> The Economic Problem</li> </ol> <p> PART 2: HOW MARKETS WORK</p> <ol start="3"> <li> Demand and Supply</li> <li> Elasticity</li> <li> Efficiency And Equity</li> <li> Government Actions in Markets</li> <li> Global Markets in Action</li> </ol> <p> PART 3: HOUSEHOLDS' CHOICES</p> <ol start="1"> <li> Utility and Demand</li> <li> Possibilities, Preferences, and Choices</li> </ol> <p> PART 4: FIRMS AND MARKETS</p> <ol start="10"> <li> Organizing Production</li> <li> Output and Costs</li> <li> Perfect Competition</li> <li> Monopoly</li> <li> Monopolistic Competition</li> <li> Oligopoly</li> </ol> <p> PART 5: MARKET FAILURE AND GOVERNMENT</p> <ol start="16"> <li> Public Choices, Public Goods, and Healthcare</li> <li> Externalities</li> </ol> <p> PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY</p> <ol start="18"> <li> Markets for Factors of Production</li> <li> Economic Inequality</li> <li> Uncertainty and Information</li> </ol> <p> PART 7: MONITORING MACROECONOMIC PERFORMANCE</p> <ol start="21"> <li> Monitoring the Value of Production: GDP</li> <li> Monitoring Jobs and Inflation</li> </ol> <p> PART 8: MACROECONOMIC TRENDS</p> <ol start="23"> <li> Economic Growth</li> <li> Finance, Saving, and Investment</li> <li> Money, the Price Level, and Inflation</li> <li> The Exchange Rate and the Balance of Payments</li> </ol> <p> PART 9: MACROECONOMIC FLUCTUATIONS</p> <ol start="27"> <li> Aggregate Supply and Aggregate Demand</li> <li> Expenditure Multipliers</li> <li> The Business Cycle, Inflation, and Deflation</li> </ol> <p> PART 10: MACROECONOMIC POLICY</p> <ol start="30"> <li> Fiscal Policy</li> <li> Monetary Policy</li> </ol>