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Unit 1 Achievements after the Reform Part A Text Main Achievements in Economic Development and People's Living Standards Part B Reading What Is Economics? Unit 2 Socialist Theory with Chinese Characteristics Part A Text Theories of Socialism with Chinese Characteristics Part B Reading How are Prices Determined? Unit 3 The Primary Stage of Socialism Part A Text China is in the Primary Stage of Socialism Part B Reading Price Elasticity of Demand Unit 4 The Essence of Socialism Part A Text Path of Socialism with Chinese Characteristics Part B Reading Private Costs and Social Costs Unit 5 Socialist Market Economy Part A Text Improving the Basic Economic System and the Modern Market System Part B Reading Natural Monopolies Unit 6 The Strategy for Economic Development Part A Text Expand Space for Promoting Development in Different Regions Part B Reading Gross Domestic Product Unit 7 The Reform of State-owned Enterprises Part A Text Deepening the Reform of State-owned Enterprises Part B Reading The Sources of Economic Growth Unit 8 Adjustment of the Industrial Structure Part A Text Carry out Strategic Adjustment of the Economic Structure Part B Reading The Functions of Money Unit 9 China's Agricultural Development Part A Text Working Harder to Modernize Agriculture Part B Reading Inflation Unit 10 Regional Coordination Part A Text Overall Regional Development Strategy Part B Reading Foreign Exchange and Exchange Rate Unit 11 Deepening the Reform of the Income Distribution System Part A Text Efficiency and Equity Part B Reading Improving the Distribution of Income Unit 12 Independent Innovation Part A Text Implement the Strategy of Innovation-driven Development Part B Reading The World Trade Organization Unit 13 Circular Economy Part A Text Making Great Efforts to Promote Ecological Progress Part B Reading International Monetary Fund Unit 14 Uplifting People's Living Standards Part A Text Improving People's Lives Part B Reading The World Bank Group Unit 15 Enlarging Employment Part A Text Encouraging Entrepreneurship to Create More Employment Opportunities Part B Reading Open-Market Operations Unit 16 Improving China's Social Security System Part A Text Accelerating the Establishment of a Social Security System Covering both Urban and Rural Residents Part B Reading How to Win the Scholarship Game Unit 17 Carry out a New Round of High-quality Opening up Part A Text Foster a New Environment in All-round Opening up Part B Reading U��S�� Security Panel Clears Lenovo Takeover of IBM Server Unit Unit 18 New Normal for China's Economic Development Part A Text Actively Adapt to and Guide the New Normal in China's Economic Development Part B Reading China's Economic Growth Far from Losing Momentum 93 Glossary Translations for Reference Keys to Exercises