1. Economic Growth: An Introduction to Scarcity and Choice. 2. An Introduction to Economic Systems and the Workings of the Price System. 3. Competitive Markets and Government Policy: Agriculture. 4. Efficiency in Resource Allocation: How Much Do We Have? How Much Do We Want? 5. Market Power: Does It Help or Hurt the Economy? 6. Air Pollution: Balancing Benefits and Costs. 7. Health Care: How Much? For Whom? 8. Crime and Drugs: A Modern Dilemma. 9. College Education: Is It Worth the Cost? 10. Educational Reform: The Role of Incentives and Choice. 11. Poverty: New Approaches to an Old Problem. 12. Tracking and Explaining the Macroeconomy. 13. Unemployment: The Legacy of Recession, Technological Change, and Free Choice. 14. Inflation: A Monetary Phenomenon. 15. Sustained Budget Deficits: Is This Any Way to Run a Government? 16. Social Security: Leading Issues and Approaches to Reform. 17. International Trade: Beneficial, but Controversial. 18. Financing Trade and the Trade Deficit.