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Table of Contents
Intro: The Ordinary Business of Life
1 First Principles
2 Economic Models: Trade-offs and Trade
Appendix: Graphs in Economics
3 Supply and Demand
4 Consumer and Producer Surplus
5 Price Controls and Quotas: Meddling with Markets
8 International Trade
9 Making Decisions
10 The Rational Consumer
Appendix: Consumer Preferences and Consumer Choice
11 Behind the Supply Curve: Inputs and Costs
12 Perfect Competition and the Supply Curve
15 Monopolistic Competition and Product Differentiation
17 Public Goods and Common Resources
18 The Economics of the Welfare State
19 Factor Markets and the Distribution of Income
Appendix: Indifference Curve Analysis of Labor Supply
20 Uncertainty, Risk, and Private Information