Economics for Life: Making Smart Choices
Table of Contents for a Survey Course
| Part One | Microeconomics: Basics of Smart Choices |
| Ch 1 | What’s In Economics For You? Scarcity, Opportunity Cost, Trade |
| Ch 2 | Making Smart Choices The Law of Demand |
| Ch 3 | Show Me the Money The Law of Supply |
| Ch 4 | Coordinating Smart Choices Demand and Supply |
| Part Two | Microeconomics: Applications of Smart Choices |
| Ch 5 | Just How Badly Do You Want It? Elasticity |
| Ch 6 | What Gives When Prices Don’t? Government Policy Choices |
| Ch 7 | Pricing Power Market Structure and Pricing |
| Ch 8 | What’s Perfect about Perfect Competition? Productivity, Costs, and Efficiency |
| Ch 9 | Pricing for Profits in Imperfect Competition Marginal Revenue and Marginal Cost |
| Ch 10 | When Markets Fail Natural Monopoly, Gaming, Competition, and Government |
| Ch 11 | Acid Rain on Others’ Parades Externalities, Carbon Taxes, Free Riders, and Public Goods |
| Part Three | Macroeconomics: Measuring Economic Performance |
| Ch 12 | Are Your Smart Choices Smart for All? From Microeconomics to Macroeconomics |
| Ch 13 | Up Around the Circular Flow Measuring GDP and Living Standards |
| Ch 14 | Do Macroeconomic Dreams Come True? Potential GDP, Economic Growth and Business Cycles |
| Ch 15 | Costs of (Not) Working and Living Unemployment and Inflation |
| Part Four | Macroeconomics: Theory and Policy |
| Ch 16 | Skating to Where the Puck Is Going Aggregate Supply and Aggregate Demand |
| Ch 17 | Steering Blindly? Money, Monetary Policy, and the Bank of Canada |
| Ch 18 | Spending Others’ Money Fiscal Policy, Deficits, and National Debt |
