Loose Leaf for Microeconomics

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

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