PART ONE BASIC CONCEPTS* Chapter 1 The Central Concepts of Economics* Chapter 2 The Modern Mixed Economy* Chapter 3 Basic Elements of Supply and Demand PART TWO MICROECONOMICS: SUPPLY, DEMAND, AND PRODUCT MARKETS* Chapter 4 Supply and Demand: Elasticity and Applications* Chapter 5 Demand and Consumer Behavior* Chapter 6 Production and Business Organization* Chapter 7 Analysis of Costs* Chapter 8 Analysis of Perfectly Competitive Markets* Chapter 9 Imperfect Competition and Monopoly* Chapter 10 Competition Among the Few* Chapter 11 Economics of Uncertainty PART THREE FACTOR MARKETS: LABOR, LAND, AND CAPITAL* Chapter 12 How Markets Determine Incomes* Chapter 13 The Labor Market Chapter 14 Land, Natural Resources, and the Environment* Chapter 15 Capital, Interest, and Profits PART FOUR APPLICATIONS OF ECONOMIC PRINCIPLES* Chapter 16 Government Taxation and Expenditure* Chapter 17 Efficiency vs. Equality: The Big Tradeoff* Chapter 18 International Trade