I. Introduction 1. Getting Started 2. The U.S. and Global Economies 3. The Economic Problem 4. Demand and Supply II. A Closer Look at Markets 5. Elasticities of Demand and Supply 6. Efficiency and Fairness of Markets 7. Government Actions in Markets 8. Global Markets in Action 9. Externalities: Pollution, Education, and Health Care III. Prices, Profits, and Industry Performance 10. Production and Cost 11. Perfect Competition 12. Monopoly 13. Monopolistic Competition and Oligopoly IV. Monitoring the Macroeconomy 14. GDP: A Measure of Total Production and Income 15. Jobs and Unemployment 16. The CPI and the Cost of Living V. Understanding the Macroeconomy 17. Potential GDP and Economic Growth 18. Money and the Monetary System 19. Aggregate Supply and Aggregate Demand 20. Fiscal Policy and Monetary Policy