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PART I Learning Outcomes, Summary Overview, and Practice Problems
CHAPTER 1 Demand and Supply Analysis: Introduction 3
Learning Outcomes 3
Summary Overview 3
Practice Problems 5
CHAPTER 2 Demand and Supply Analysis: Consumer Demand 11
Learning Outcomes 11
Summary Overview 11
Practice Problems 12
CHAPTER 3 Demand and Supply Analysis: The Firm 15
Learning Outcomes 15
Summary Overview 15
Practice Problems 16
CHAPTER 4 The Firm and Market Structures 23
Learning Outcomes 23
Summary Overview 23
Practice Problems 24
CHAPTER 5 Aggregate Output, Prices, and Economic Growth 29
Learning Outcomes 29
Summary Overview 29
Practice Problems 32
CHAPTER 6 Understanding Business Cycles 39
Learning Outcomes 39
Summary Overview 39
Practice Problems 41
CHAPTER 7 Monetary and Fiscal Policy 45
Learning Outcomes 45
Summary Overview 45
Practice Problems 47
CHAPTER 8 International Trade and Capital Flows 53
Learning Outcomes 53
Summary Overview 53
Practice Problems 55
CHAPTER 9 Currency Exchange Rates 61
Learning Outcomes 61
Summary Overview 61
Practice Problems 63
CHAPTER 10 Currency Exchange Rates: Determination and Forecasting 67
Learning Outcomes 67
Summary Overview 68
Practice Problems 71
CHAPTER 11 Economic Growth and the Investment Decision 77
Learning Outcomes 77
Summary Overview 77
Practice Problems 79
CHAPTER 12 Economics of Regulation 87
Learning Outcomes 87
Summary Overview 87
Practice Problems 88
PART II Solutions
CHAPTER 1 Demand and Supply Analysis: Introduction 93
Solutions 93
CHAPTER 2 Demand and Supply Analysis: Consumer Demand 97
Solutions 97
CHAPTER 3 Demand and Supply Analysis: The Firm 99
Solutions 99
CHAPTER 4 The Firm and Market Structures 101
Solutions 101
CHAPTER 5 Aggregate Output, Prices, and Economic Growth 103
Solutions 103
CHAPTER 6 Understanding Business Cycles 107
Solutions 107
CHAPTER 7 Monetary and Fiscal Policy 109
Solutions 109
CHAPTER 8 International Trade and Capital Flows 111
Solutions 111
CHAPTER 9 Currency Exchange Rates 115
Solutions 115
CHAPTER 10 Currency Exchange Rates: Determination and Forecasting 119
Solutions 119
CHAPTER 11 Economic Growth and the Investment Decision 123
Solutions 123
CHAPTER 12 Economics of Regulation 127
Solutions 127
About the CFA Program 129
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