A brief economic history of the United States -- Resource utilization -- Supply and demand -- The Mixed economy -- The Consumption sector -- The Business-investment sector -- The Government sector -- Gross domestic product -- Economic fluctuations, unemployment, and inflation -- Classical and keynesian economics -- Fiscal policy and the national debt -- Money and banking -- The Federal reserve and monetary policy -- Twentieth-century economic theory -- A guide to macropolicy -- Economic growth and productivity -- Application in supply and demand -- Utility and consumer surplus -- Supply -- Cost and profit -- Supply in the short run and the long run -- Perfect competition -- Monopoly -- Monopolistic competition -- Oligopoly -- The Four types of competition : a review -- Corporate mergers and antitrust -- Demand in the factor market -- Labor unions -- Labor markets and wage rates -- Rent, interest, and profit -- Income distribution and poverty -- International trade -- International finance.

This interactive text concentrates on the corematerial taught in every economics course. It allows full student participation through in-text exercises, drawing graphs, completing tables, working out numerical problems, and completing economic analysis.