Course Introduction

Supply, Demand, and Equilibrium

Consumer Choice Elasticity and Its Applications

The Price System, Price Ceilings and Price Floors

Trade: Absolute and Comparative Advantage Costs and Profit Maximization Under Competition

Monopoly, Price Discrimination

Mid-term exam

Labor Markets

Gross Domestic Product (GDP) The Wealth of Nations and Economic Growth

Unemployment and Labor Force Participation

Inflation and Quantity Theory of Money

Business Fluctuations, Aggregate Supply and Demand

Monetary Policy and the Federal Reserve, Fiscal Policy

Final Exam