Includes index

Contents: What is economics?: Economic issues and concepts -- How economists work -- An Introduction to demand and supply: Demand, supply, and price -- Elasticity -- An Introduction to macroeconomics: What macroeconomics is all about -- The Measurement of national income -- Short-run versus long-run macroeconomics -- National income and fiscal policy: The Simplest short-run macro model -- Adding government and trade to the simple macro model -- Output and prices in the short run -- Output and prices in the long run -- Money, banking, and monetary policy: The Nature of money -- Money, output, and prices -- Monetary policy in Canada -- Macroeconomic problems and polices: Inflation -- Unemployment -- Budget deficits and surpluses -- Economic growth -- Challenges facing the developing countries -- International economics: The Gains from international trade -- Trade policy -- Exchange rates and the balance of payments -- Mathematical notes -- Time line of great economists.