<2. THE ALLOCATION OF RESOURCES> 

2.1 MICRO vs MACRO | 2.2 THE ROLE OF MARKETS | 2.3 DEMAND | 2.4 SUPPLY | 2.5 PRICE DETERMINATION | 2.6 PRICE CHANGES | 2.7 PED | 2.8 PES | 2.9 MARKET SYSTEM | 2.10 MARKET FAILURE | 2.11 MIXED ECONOMIC SYSTEM