Brief Table of Contents

Chapter 1: Fundamental Concepts in Economics

Chapter 2: Cost–Benefit Analysis and the Value of a Life

Chapter 3: Supply and Demand

Chapter 4: Basic Game Theory: Exploring Strategic Interactions

Chapter 5: Free Exchange: Individual and International Trade

Chapter 6: The Market System: Functions, Structure, and Institutions

Chapter 7: The Nature of Pollution Problems

Chapter 8: Government Policies to Regulate Pollution

Chapter 9: Resource Depletion and Sustainability

Chapter 10: Public Goods and the Role of Government

Chapter 11: Public Goods: Tackling Large Projects and Eminent Domain

Chapter 12: The Volunteer’s Dilemma: A Collective Inaction Problem

Chapter 13: Voting: You Can’t Always Get What You Want

Chapter 14: The Economics of Health Insurance and Health Care

Chapter 15: Segregation and Discrimination

Chapter 16: Gross Domestic Product and the Wealth of Nations: An Introduction to the Macroeconomy

Chapter 17: Unemployment

Chapter 18: An Introduction to Money, Banks, and the Financial System

Chapter 19: The Federal Reserve: Monetary Policy, Economic Activity, and Inflation

Chapter 20: The Federal Government: Taxes, Spending, and Fiscal Policy

Chapter 21: Income Inequality and the Redistribution of Income