End-of-Chapter Solutions


Chapter  1 What Is Economics
Chapter  2 The Economic Problem


Chapter  3 Demand and Supply
Chapter  4 Elasticity
Chapter  5 Elasticity
Chapter  6 Markets in Action
Chapter  7 Utility and Demand
Chapter  8 Possibilities, Preferences, and Choices


Chapter  9 Organizing Production


Chapter 10 Organizing Production
Chapter 11 Output and Costs
Chapter 12 Perfect Competition
Chapter 13 Monopoly
Chapter 14 Monopolistic Competition and Oligopoly


Chapter 15 Demand and Supply in Resource Markets
Chapter 16 Labour Markets
Chapter 17 Inequality and Redistribution
Chapter 18 Market Failure and Public Choice

Chapter 19 A First Look at Macroeconomics
Chapter 20 Measuring GDP, Economic Growth, and Inflation
Chapter 21 Employment and Unemployment
Chapter 22 Aggregate Supply and Aggregate Demand
Chapter 23 Expenditure Multipliers
Chapter 24 Fiscal Policy

Chapter 25 Money
Chapter 26 The Central Bank and Monetary Policy
Chapter 27 Fiscal and Monetary Interactions
Chapter 28 Inflation
Chapter 29 The Economy at Full Employment
Chapter 30 Long-term Economic Growth
Chapter 31 The Business Cycle
Chapter 32 Macroeconomic Policy Challenges

Chapter 33 Trading with the World
Chapter 34 The International Finance