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What is Economics, and Why is It Important?
The Problem of Scarcity
The Division of and Specialization of Labor
Why the Division of Labor Increases Production
Trade and Markets
Why Study Economics?
Key Concepts and Summary
Microeconomics and Macroeconomics
How Economists Use Theories and Models to Understand Economic Issues
How Economies Can Be Organized
Regulations: The Rules of the Game
The Rise of Globalization
The Use of Mathematics in Principles of Economics
Displaying Data Graphically and Interpreting the Graph