Introduction

Section 1: The basic economic problem 1

Chapter 1 The nature of the economic problem 
Chapter 2 Factors of production 
Chapter 3 Opportunity cost 
Chapter 4 Production possibility curves 
Exam-style questions 

Section 2: The allocation of resources 

Chapter 5 Microeconomics and macroeconomics 
Chapter 6 The role of markets in allocating resources 
Chapter 7 Demand 
Chapter 8 Supply 
Chapter 9 Price determination 
Chapter 10 Price changes 
Chapter 11 Price elasticity of demand 
Chapter 12 Price elasticity of supply 
Chapter 13 Market economic system 
Chapter 14 Market failure 
Chapter 15 Mixed economic system 
Exam-style questions 

Section 3: Microeconomic decision makers 

Chapter 16 Money and banking 
Chapter 17 Households 
Chapter 18 Workers 
Chapter 19 Trade unions
Chapter 20 Firms 
Chapter 21 Firms and production 
Chapter 22 Firms, costs, revenue and objectives 
Chapter 23 Market structure 
Exam-style questions 

Section 4: Government and the macroeconomy 

Chapter 24 The role of government
Chapter 25 The macroeconomic aims of government
Chapter 26 Fiscal policy 
Chapter 27 Monetary policy
Chapter 28 Supply-side policies
Chapter 29 Economic growth
Chapter 30 Employment and unemployment
Chapter 31 Inflation and deflation
Exam-style questions 

Section 5: Economic development 

Chapter 32 Living standards 
Chapter 33 Poverty 
Chapter 34 Population 
Chapter 35 Differences in economic development between countries
Exam-style questions

Section 6: International trade and globalization 

Chapter 36 International specialization 
Chapter 37 Free trade and protection
Chapter 38 Foreign exchange rates
Chapter 39 Current account of balance of payments
Exam-style questions