Principles of economics / Robert H. Frank, Ben S. Bernanke ; with special contribution by Louis D. Johnston.

Includes bibliographical references and index.

CONTENTS Preface PART I Introduction Chapter 1 Thinking Like an Economist 1,000 [dollars] worth of free software with a computer Chapter 2 Comparative Advantage Chapter 3 Supply and Demand PART 2 Competition and the Invisible Hand Chapter 4 Elasticity Chapter 5 Demand Chapter 6 Perfectly Competitive Supply Chapter 7 Efficiency and Exchange Chapter 8 The Invisible Hand in Action PART 3 Market Imperfections Chapter 9 Monopoly, Oligopoly, and Monopolistic Competition Chapter 10 Games and Strategic Behavior Chapter 11 Externalities and Property Rights Chapter 12 The Economics of Information PART 4 Economics of Public Policy Chapter 13 Labor Markets, Poverty, and Income Distribution Chapter 14 The Environment, Health, and Safety Chapter 15 Public Goods and Tax Policy PART 5 Macroeconomics: Data and Issues Chapter 16 Spending, Income, and GDP Chapter 17 Inflation and The Price Level Chapter 18 Wages and Unemployment PART 6 The Economy in the Long Run Chapter 19 Economic Growth Chapter 20 Saving, Capital Formation, and Financial Markers Chapter 21 The Financial System, Money, and Prices PART 7 The Economy in the Short Run Chapter 22 Short-Term Fluctuations Chapter 23 Spending and Output in the Short Run Chapter 24 Stabilizing the Economy: The Role of the Federal Reserve Chapter 25 Aggregate Demand and Aggregate Supply Chapter 26 Macroeconomic Policy PART 8: The International Economy Chapter 27 Exchange Rates and the Open Economy Chapter 28 International Trade and Capital Flows