Part 1: Introduction1. Thinking Like An Economist2. Markets, Specialisation and Economic Efficiency3. Markets, Supply, Demand and ElasticityPart 2: Competition and the 'Invisible Hand'4. Demand: The Benefit Side of the Market5. Perfectly Competitive Supply: the Cost Side of the Market6. Efficiency and Exchange7. Profits, Entry and Exit: The Basis for the 'Invisible Hand'Part 3: Market Imperfections 1: Market Power8. Imperfect Competition and the Consequences of Market Power9. Thinking Strategically 1: Interdependence, Decision Making and the Theory of Games10. Thinking Strategically 2: Competition Among the FewPart 4: Market Imperfections 2: Externalities, Information, Distribution and the Role of the Government in a Market Economy11. Externalities and Property Rights12. The Economics of Information13. Labour Markets, Income Distribution, Wealth and Poverty14. Government in the Market Economy: Public Sector Production and Regulation15. The Credit Crunch and the Great Contraction: An Application of Some Micro-economics to Help Explain a Macro-economic Crisis Part 5: Macroeconomics: Issues and Data16. Macroeconomics: the Bird's Eye View of the Economy17. Measuring Economic Activity: Gross Domestic Product18. Measuring the Price Level and Inflation19. The Labour Market: Wages and UnemploymentPart 6: The Economy in the Long Run20. Economic Growth, Productivity and Living Standards21. Capital Markets: Saving, Investment and Financial Intermediaries Part 7: The Economy in the Short Run22. Short-Term Economic Fluctuations23. Money and Interest Rates24. The IS-LM Model25. Stabilising the Economy 1: the Role of Fiscal Policy26. Stabilising the Economy 2: the Role of Monetary Policy27. Aggregate Demand, Aggregate Supply and Inflation28. The New Keynesian Phillips Curve: Expectations and Inflation Policy Part 8: The International Economy29. Exchange Rates, Capital Flows and the Balance of Payments.