Economics presents the core principles of economics, but also seeks to share with students some of the ways that new ideas are expanding the basics of economic theory. The sequence of chapters economics as a common thread economics as a common thread follows a fairly traditional route through the core principles. However, the chapters on individual decision making (Part 3) appear before those on fi rm decisions (Part 4). By thinking first about the choices faced by individuals, students can engage with ideas that more closely relate to their own experiences. In this way, the organization of the text makes core economic ideas more immediately intuitive and better prepares students to eventually understand the choices of firms,groups, and governments. The text proceeds step-by-step from the personal to the public, allowing students to build toward an understanding of aggregate decisions on a solid foundation of individual decision making
PART I: THE POWER OF ECONOMICS
Ch 1 Economics and Life
Ch 2 Specialization and Exchange
PART II: SUPPLY AND DEMAND
Ch 3 Markets
Ch 4 Elasticity
Ch 5 Efficiency
Ch 6 Government Intervention
PART III: INDIVIDUAL DECISIONS
Ch 7 Consumer Behavior
Ch 8 Behavioral Economics A Closer Look at Decision Making
Ch 9 Game Theory and Strategic Thinking
Ch10 Information
Ch11 Time and Uncertainty
PART IV: FIRM DECISIONS
Ch12 The Costs of Production
Ch13 Perfect Competition
Ch14 Monopoly
Ch15 Monopolistic Competition and Oligopoly
Ch16 The Factors of Production
Ch17 International Trade
PART V: PUBLIC ECONOMICS
Ch18 Externalities
Ch19 Public Goods and Common Resources
Ch20 Taxation and the Public Budget
Ch21 Poverty, Inequality, and Discrimination
Ch22 Political Choices
Ch23 Public Policy and Choice Architecture
PART VI: THE DATA OF MACROECONOMICS
Ch24 Measuring GDP
Ch25 The Cost of Living
PART VII: LABOR MARKETS AND ECONOMIC GROWTH
Ch26 Unemployment and the Labor Market
Ch27 Economic Growth
PART VIII: THE ECONOMY IN THE SHORT AND LONG RUN
Ch28 Aggregate Expenditure
Ch29 Aggregate Demand and Aggregate Supply
Ch30 Fiscal Policy
PART IX: THE FINANCIAL SYSTEM AND INSTITUTIONS
Ch31 The Basics of Finance
Ch32 Money and the Monetary System
Ch33 Inflation
Ch34 Financial Crisis
PART X: INTERNATIONAL POLICY ISSUES
Ch35 Open-Market Macroeconomics
Ch36 Development Economics
作者：Dean Karlan
現職：Yale University and Innovations for Poverty Action
作者：Jonathan Morduch
現職：New York University