What is economics? -- The production possibilities frontier -- Demand -- The elasticity of demand -- Supply 6Cost structures, revenue and profit -- Allocative mechanisms -- Market Structures 9Intervening in the market system -- The labour market -- Introduction to macroeconomics -- Equilibrium in the economy -- Economic growth and the business cycle -- Unemployment -- National income and standard of living -- Aggregate demand, aggregate supply, and the price level -- Consumption -- Investment -- Fiscal policy -- Money -- Inflation and monetary policy -- Exchange rates -- International trade and balance of payments -- Economics as a changing discipline