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Introduction
1. Foundations of Economics
2. Productions Possibility Curve or Frontier Model
3. Introduction
4. Demand, Supply, and Equilibrium in Markets for Goods and Services
5. Shifts in Demand and Supply for Goods and Services
6. Changes in Equilibrium Price and Quantity: The Four-Step Process
7. Price Ceilings and Price Floors
8. Chapter 3 Key Terms
9. Key Concepts and Summary
10. Self-Check Questions
11. Review Questions
12. Critical Thinking Questions
13. Problems
14. Introduction
15. Measuring the Size of the Economy: Gross Domestic Product
16. Nominal Values vs Real Values
17. Tracking Real GDP over Time and the Business Cycle
18. How Well GDP Measures the Well-Being of Society
19. Key Terms
20. Key Concepts and Summary
21. Self-Check Questions
22. Review Questions
23. Critical Thinking Questions
24. Problems
25. Relatively Recent Arrival of Economic Growth
26. Labor Productivity and Economic Growth
27. Components of Economic Growth
28. Key Terms
29. Key Concepts and Summary
30. Self-Check Questions
31. Review Questions
32. Critical Thinking Questions
33. Problems
34. Introduction
35. Types of Unemployment
36. Key Terms
37. Key Concepts and Summary
38. Self Check Questions
39. Review Questions
40. Critical Thinking Questions
41. Problems
42. Introduction
43. Tracking Inflation
44. How to Measure Changes in the Cost of Living
45. The Confusion Over Inflation
46. Key Terms
47. Key Concepts and Summary
48. Self-Check Questions
49. Review Questions
50. Critical Thinking Questions
51. Problems
52. Introduction
53. Defining Money by Its Functions
54. The Role of Banks
55. How Banks Create Money
56. Key Terms
57. Key Concepts and Summary
58. Self-Check Questions
59. Review Questions
60. Critical Thinking Questions
61. Problems
62. Introduction
63. The Federal Reserve Banking System and Central Banks
64. Bank Regulation
65. How a Central Bank Executes Monetary Policy
66. Key Terms
67. Key Concepts and Summary
68. Self Check Questions
69. Review Questions
70. Critical Thinking Questions
71. Problems
72. Introduction
73. Fiscal Policy
74. Key Terms
75. Key Concepts and Summary
76. Self Check Questions
77. Review Questions
78. Critical Thinking Questions
79. Problems
80. Introduction
81. Absolute and Comparative Advantage
82. What Happens When a Country Has an Absolute Advantage in All Goods
83. The Benefits of Reducing Barriers to International Trade
84. Key Terms
85. Key Concepts and Summary
86. Self Check Questions
87. Review Questions
88. Critical Thinking Questions
89. Problems
90. Introduction
91. Protectionism: An Indirect Subsidy from Consumers to Producers
92. International Trade and Its Effects on Jobs, Wages, and Working Conditions
93. Arguments in Support of Restricting Imports
94. The Tradeoffs of Trade Policy
95. Key Terms
96. Key Concepts and Summary
97. Self-Check Questions
98. Review Questions
99. Critical Thinking Questions
100. Problems
101. Appendix A The Use of Mathematics in Principles of Economics
102. Appendix B Present Discounted Value
103. Chapter 3 Demand and Supply Answer Key
104. Chapter 4 The Macroeconomic Perspective Answer Key
105. Chapter 5 Economic Growth Answer Key
106. Chapter 6 Unemployment Answer Key
107. Chapter 7 Inflation Answer Key
108. Chapter 8 Money and Banking Answer Key
109. Chapter 9 Monetary Policy and Bank Regulation
110. Chapter 10 Government Budgets Answer Key
111. Chapter 11 International Trade Answer Key
112. Chapter 12 Globalization and Protectionism Answer Key
References
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Economics Copyright © by Laura Prince and OpenStax is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.