Unit One Text: Demand and Supply Additional Text: Price Elasticity of Demand Unit Two Text: Cost of Production Additional Text: Economies and Diseconomies of Scale Unit Three Text: Monopoly Additional Text: Perfect Competition Unit Four Text: Oligopoly Additional Text: Monopolistic Competition Unit Five Text: Gross Domestic Product Additional Text: Sources of Economic Development Unit Six Text: Inflation Additional Text: Unemployment Unit Seven Text: Money and Banking Additional Text: The US Central Bank: The Federal Reserve System Unit Eight Text: Foreign Exchange and Exchange Rate Additional Text: The Effects of Exchange Rates on the Economy Unit Nine Text: The Balance of Payments Additional Text: International Monetary Systems Unit Ten Text: Fiscal and Monetary Policy Additional Text: Role of Government in the Economy Unit Eleven Text: Population Additional Text: The Consequences of High Fertility: Some Conflicting Opinions Unit Twelve Text: Environmental Protection Additional Text: Methods of Pollution Control Unit Thirteen Text: WTO Additional Text: National Competitive Advantage and Diamond Model Unit Fourteen Text: Nontariff Barriers Additional Text: Dumping and Antidumping Unit Fifteen Text: Foreign Aid Additional Text: Foreign Direct Investment and Multinational Enterprises Unit Sixteen Text: Economic Globalization Additional Text: Regional Economic Integration Appendix Ⅰ Answers to Exercises Appendix Ⅱ Chinese Translation of the Texts
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