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Table of Contents
Part One: Introduction
Chapter 1: Ten Principles of Economics
Chapter 2: Thinking Like an Economist
Appendix Graphing: A Brief Review
Chapter 3: Interdependence and the Gains from Trade
Part Two: Supply and Demand I: How Markets Work
Chapter 4: The Market Forces of Supply and Demand
Chapter 5: Elasticity and Its Application
Chapter 6: Supply, Demand, and Government Policies
Part Three: Supply and Demand II: Markets and Welfare
Chapter 7: Consumers, Producers, and the Efficiency of Markets
Chapter 8: Application: The Costs of Taxation
Chapter 9: Application: International Trade
Part Four: The Economics of the Public Sector
Chapter 10: Externalities
Chapter 11: Public Goods and Common Resources
Chapter 12: The Design of the Tax System
Part Five: Firm Behaviour and the Organization of Industry
Chapter 13: The Costs of Production
Chapter 14: Firms in Competitive Markets
Chapter 15: Monopoly
Chapter 16: Oligopoly
Chapter 17: Monopolistic Competition
Part Six: The Economics of Labour Markets
Chapter 18: The Markets for the Factors of Production
Chapter 19: Earnings and Discrimination
Chapter 20: Income Inequality and Poverty
Part Seven: Topics for Further Study
Chapter 21: The Theory of Consumer Choice
Chapter 22: Frontiers of Microeconomics