Part 1
The Basic Core
- Getting Started
- Observing and Explaining the Economy
- The Supply and Demand Model
- Using the Supply and Demand Model
The Competitive Equilibrium Model
- Deriving Demand
- Deriving Supply
- Market Equilibrium and Efficiency
Firms and Industries Changing Over Time
- Cost and Changes at Firms Over Time
- The Rise and Fall of Industries
Deviations from Competition
- Monopoly and Market Power
- Between Monopoly and Competition
- Antitrust Policy and Regulation
Labor Markets
- The Labor Supply and Demand Model
- Labor Model Cont. – Min. Wage and Discrimination
Key Economic Policy Issues
- Taxes, Transfers and Income Distribution
- Public Goods and Externalities
- Government Failure and Success
Financial and Capital Markets
- Markets for Physical Capital
- Financial Markets: Risk and Return
Part 2
Macro Facts and Measures
- Getting Started with Macroeconomic Ideas
- Measuring Production, Income and Spending of Nations
Long Run Macro
- Determining Consumption, Investment and Govt. Shares
- Employment and Unemployment
- Productivity, Economic Growth and Determining Factors
- A Look at Money, Inflation and the Fed
Short Run Macro
- Introduction to Economic Fluctuations
- Economic Fluctuations Model
- Using the ADIA Model
Macro Policy Issues
- Intro to Macroeconomic Policy
- Fiscal Policy
- Monetary Policy
- Monetary Policy Analysis
International Economic Issues
- Gains from Trade
- International Trade Policy – Tariffs and Quotas
