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| Introductionto Economics | |
| The Central Idea | |
| Scarcity and Choice for Individuals Scarcity and Choice for the Economy as a Whole Market | |
| Economies and the Price System | |
| Economics in Action: Gains from Trade on the Internet | |
| Economics in Action: Teaching Jobs and Graduate School | |
| Applications--Two Sides of the Same Coin | |
| Economics in the News: Gains from Trade on the Radio | |
| Observing and Explaining the Economy | |
| What Do Economists Do? | |
| The Fluctuating Price of Gasoline Recommending | |
| Appropriate Policies Economics in Action: An Economic Experiment to Study Discrimination | |
| Economics in Action: Science or Persuasion? | |
| Economics in the News: Young Economists at Work | |
| Appendix to Chapter 2 | |
| Reading, Understanding, and Creating Graphs Visualizing | |
| tObservations with Graphs | |
| Visualizing Models with Graphs | |
| The Supply and Demand Model Demand | |
| Supply Market Equilibrium: Combining Supply and Demand Economics in the News | |
| Why Roses Cost More on Valentine's Day | |
| Economics in Action: Using the Supply and Demand Model to Analyze Real-World Issues | |
| Subtleties of the Supply and Demand | |
| Model: Price Floors, Price Ceilings, and Elasticity Interference with Market Prices | |
| Elasticity of Demand Working with Demand Elasticities | |
| Elasticity of Supply Economics in Action: How Policymakers | |
| Use Price Elasticity of Demand to Discourage | |
| Underage Drinking Economics in the News | |
| Increasing School Enrollment in Africa | |
| Economics in Action: Predicting the Size of a Price | |
| Increase Economics in Action: Will an Increase in the Minimum Wage | |
| Benefit Poor Workers? | |
| Principles of Microeconomics | |
| The Demand Curve and the Behavior of Consumers | |
| Utility and Consumer Preferences | |
| The Budget Constraint and Utility Maximization | |
| Willingness to Pay and the Demand Curve | |
| The Market Demand Curve | |
| Consumer Surplus Economics in Action: Peering Deeper into How Individuals Make Decisions | |
| Economics in the News: Creating Consumer Surplus for the Poor | |
| Economics in Action: Building Roads and Bridges with Consumer | |
| Surplus Appendix to Chapter 5 | |
| Consumer Theory with Indifference Curves | |
| The Budget Line | |
| The Indifference Curve | |
| The Supply Curve and the Behavior of Firms | |
| Definition of a Firm | |
| The Firm's Profits | |
| Profit Maximization and the Individual Firm's | |
| Supply Curve | |
| The Market Supply Curve | |
| Producer Surplus Economics in Action: Green Pricing and Incentives | |
| Economics in the News: Supply Shifts Caused by Natural Disaster | |
| The Interaction of People in Markets | |
| Individual Consumers and Firms in a Market | |
| Are Competitive Markets Efficient? | |
| Measuring Waste from Inefficiency | |
| The Deadweight Loss from Price Floors and Ceilings | |
| Shifts in Cost Curves | |
| The Deadweight Loss from Taxation | |
| Informational Efficiency | |
| Economics in the News: Coordination Failure in Responding to a Famine | |
| Economics in Action: Price Controls and Deadweight | |
| Loss in the Milk Industry | |
| The Economics of the Firm | |
| Costs and the Changes at Firms over Time | |
| Costs for an Individual Firm Cost Curves | |
| The Production Decision in the Short Run | |
| Costs and Production: The Long Run Economies of Scale | |
| Economics in the News: A Dormant Mine Starts Up Again | |
| Economics in Action: Expanding (and Shrinking) a Firm over Time Economics in Action: Economist Finds Economies of Scale at Pin Factory | |
| Appendix to Chapter 8 | |
| Producer Theory with Isoquants | |
| Combining Capital and Labor Minimizing Costs for a Given Quantity | |
| The Rise and Fall of Industries | |
| Markets and Industries | |
| The Long-Run Competitive Equilibrium Model of an Industry | |
| External Economies and Diseconomies of Scale | |
| Economics in the News: Entry and Exit in the DVD | |
| Rental Industry Economics in Action: The Rise of Digital Cameras and the Death of Silver Halide Film | |
| Economics in the News: Cycles in the Grape Industry | |
| Monopoly A Model of Monopoly | |
| The Generic Diagram of a Monopoly and Its Profits Competition, Monopoly, and Deadweight Loss | |
| Why Monopolies Exist Price Discrimination | |
| Economics in the News: The Decline of the Diamond | |
| Monopolist Economics in Action: How Best to Ensure | |
| Access to Clean Water in Developing Countries | |
| Product Differentiation, Monopolistic Competition, and Oligopoly Product | |
| Differentiation Monopolistic Competition | |
| Oligopoly Economics in Action: What's the Future of Product Differentiation? | |
| Economics in the News: The Deliciousness of Product | |
| Differentiation Economics in Action: A Duopoly Game | |
| Antitrust Policy and Regulation Antitrust | |
| Policy Regulating Natural Monopolies | |
| To Regulate or Not to Regulate | |
| Economics in Action: Are Mergers Good for the Economy? | |
| Economics in the News: Price Fixing in the Ivy League | |
| Markets, Income Distribution, and Public Goods | |
| Labor Markets | |
| The Measurement of Wages | |
| The Labor Market Labor Demand | |
| A Comparison of MRP = W with MC = P Labor Supply | |
| Explaining Wage | |
| Trends and Differences Labor Unions | |
| Economics in the News: Incentives to Work | |
| Economics in Action: Why It's Better Being an Economist | |
| Economics in Action: Does Productivity or Compensating | |
| Differentials Explain the Academic Wage Gap? | |
| Taxes, Transfers, and Income Distribution | |
| The Tax System Transfer Payments | |
| The Distribution of Income in the United States | |
| Economics in the News: The "Death Tax" Debate | |
| Economics in the News: Assessing the Success of the 1996 | |
| Welfare Reform a Decade Later | |
| Economics in Action: Should We Be Concerned | |
| About Income Inequality? | |
| Public Goods, Externalities, and Government Behavior | |
| Public Goods Externalities: From the Environment to Education | |
| Remedies for Externalities Models of Government Behavior | |
| Economics in Action: Excludability, Rivalry, and the Classification of Goods and Services | |
| Economics in the News: Realizing the Positive Externalities of a New Cancer Vaccine | |
| Economics in the News: Environmental Economics | |
| Economics in Action: Advising the Government to Auction Off the Spectrum | |
| Capital Markets | |
| The Distinction Between Physical Capital and Financial Capital | |
| Markets for Physical Capital | |
| Markets for Financial Capital | |
| The Tradeoff Between Risk and Return Corporate Governance Problems | |
| Economics in the News: Physical Capital Accumulation of Google Economics in Action: Understanding Stock and Bond Price | |
| Listings in Newspapers | |
| Economics in the News: Corporate Greed | |
| Appendix to Chapter 16 | |
| Present Discounted Value Discounting the Future Finding the Present Discounted Value | |
| Tradeand Global Markets | |
| The Gains from International Trade | |
| Recent Trends in International Trade | |
| Comparative Advantage Reasons for Comparative | |
| Advantage Gains from Expanded Markets | |
| Economics in the News: The Economic Impact of Outsourcing | |
| Economics in Action: Doing Politics and Economics | |
| International Trade Policy | |
| Tariffs and Quotas | |
| The History of Trade Restrictions | |
| Arguments for Trade Barriers | |
| How to Reduce Trade Barriers | |
| Economics in Action: From Steel to Shrimp: The Same Old Tariff Story Economics in the News: The End of the Multi-Fiber Agreement | |
| Economics in Action: Ending the Corn Laws | |
| Glossary | |
| Index | |
| Credits | |
| Table of Contents provided by Publisher. All Rights Reserved. |
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