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Chapter 01: What is Economics?
End of Chapter Solutions

PART 1 THE ECONOMIC PROBLEM
Chapter 1 What is Economics?
Chapter 2 Markets and Trade
Chapter 3 Efficiency and Economic Growth
Chapter 4 Demand and Supply
Chapter 5 Elasticity

PART 2 MARKETS AT WORK
Chapter 6 Efficiency and Equity
Chapter 7 Governments and Markets
Chapter 8 Global Markets in Action

PART 3 PRODUCTION AND COSTS
Chapter 9 Organising Production
Chapter 10 Output and Costs

PART 4 COMPETITION AND MONOPOLY
Chapter 11 Perfect Competition
Chapter 12 Monopoly
Chapter 13 Monopolistic Competition and Oligopoly

PART 5 FACTOR MARKETS
Chapter 14 Demand and Supply in Resource Markets
Chapter 15 Labour Markets

PART 6 GOVERNMENT
Chapter 16 Market Failure and Public Choice
Chapter 17 Inequality and Redistribution
Chapter 18 Externalities, the Environment, and Knowledge
Chapter 19 Microeconomic Reform

PART 7 ISSUES IN MACROECONOMICS
Chapter 20 Macroeconomic Challenges and Choices
Chapter 21 Monitoring Macroeconomic Performance
Chapter 22 Measuring Employment and Unemployment
Chapter 23 Aggregate Demand and Aggregate Supply

PART 8 AGGREGATE DEMAND AND INFLATION
Chapter 24 Expenditure Multipliers
Chapter 25 Fiscal Policy
Chapter 26 Money, Banking and Interest Rates
Chapter 27 Monetary Policy
Chapter 28 The Exchange Rate
Chapter 29 Fiscal and Monetary Interactions
Chapter 30 Inflation

PART 9 AGGREGATE SUPPLY AND ECONOMIC GROWTH
Chapter 31 The Economy at Full Employment
Chapter 32 Economic Growth

PART 10 STABILISATION AND OTHER CHALLENGES
Chapter 33 The Business Cycle
Chapter 34 Macroeconomic Policy Challenges
Chapter 35 International Finance



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