Pt. 1. Introduction. What is economics? -- The economic problem -- pt. 2. How markets work. Demand and supply -- Elasticity -- Markets in action -- pt 3. Households' choices. Utility and demand -- Possibilities, preferences, and choices -- pt. 4. Firms and markets. Organising production -- Output and costs -- Perfect competition -- Monopoly -- Monopolistic competition and oligopoly -- pt. 5. Market failure and government. Externalities -- Public goods and common resources -- pt. 6. Factor markets, inequality, and uncertainty. Markets for factors of production -- Economic inequality -- pt. 7. A first look at macroeconomics -- Measuring GDP and economic growth -- Monitoring jobs and the price level -- pt. 8. The economy in the long run. At full employment: the classical model -- Money, the price level, and inflation -- The exchange rate and the balance of payments -- pt. 9. The economy in the short run. Aggregate supply and aggregate demand -- Expenditure multipliers: the Keynesian model -- pt. 10. Macroeconomic policy. Fiscal policy -- Monetary policy -- pt. 11. The global economy. Trading with the world.