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PART 1: INTRODUCTION: THINKING LIKE AN ECONOMIST
1 Economics and Economic Reasoning
2 The Production Possibilities Model, Trade, and Globalization
3 Economic Institutions
4 Supply and Demand
5 Using Supply and Demand
PART II: MICROECONOMICS
THE POWER OF TRADITIONAL ECONOMIC MODELS
6 Describing Supply and Demand: Elasticities
7 Taxation and Government Intervention
8 Market Failure versus Government Failure
8W Politics and Economics: The Case of Agricultural Markets
INTERNATIONAL ECONOMIC POLICY ISSUES
9 Comparative Advantage, Exchange Rates, and Globalization
10 International Trade Policy
PRODUCTION AND COST ANALYSIS
11 Production and Cost Analysis I
12 Production and Cost Analysis II
MARKET STRUCTURE
13 Perfect Competition
14 Monopoly and Monopolist Competition
15 Oligopoly and Antitrust
16 Real-World Competition and Technology
FACTOR MARKETS
17 Work and the Labor Market
17W Nonwage and Asset Income: Rents, Profits, and Interest
18 Who Gets What? The Distribution of Income
CHOICE AND DECISION MAKING
19 The Logic of Individual Choice: The Foundation of Supply and Demand
20 Game Theory, Strategic Decision Making, and Behavioral Economics
MODERN ECONOMIC THINKING
21 Thinking Like a Modern Economist
22 Behavioral Economics and Modern Economic Policy
23 Microeconomic Policy, Economic Reasoning, and Beyond
