(City University of New York)
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PART 1 What Is Economics?Introduction The Ordinary Business of Life Chapter 1 First Principles Chapter 2 Economic Models: Trade-offs and Trade Appendix 2A Graphs in Economics
PART 2 Supply and DemandChapter 3 Supply and Demand Appendix 3A The Algebra of Demand, Supply, and Equilibrium Chapter 4 Consumer and Producer Surplus Chapter 5 Price Controls and Quotas: Meddling with Markets Chapter 6 Elasticity Appendix 6A The Algebra of Elasticity
PART 3 Individuals and MarketsChapter 7 Taxes Chapter 8 International Trade
PART 4 Economics and Decision MakingChapter 9 Decision Making by Individuals and Firms
PART 5 The ConsumerChapter 10 The Rational ConsumerAppendix 10A Consumer Preferences and Consumer Choice
PART 6 The Production DecisionChapter 11 Behind the Supply Curve: Inputs and Costs Appendix 11A Inverse Relationships between Productivity and Cost Chapter 12 Perfect Competition and the Supply Curve
PART 7 Market Structure: Beyond Perfect CompetitionChapter 13 Monopoly Chapter 14 OligopolyChapter 15 Monopolistic Competition and Product Differentiation
PART 8 Microeconomics and Public PolicyChapter 16 Externalities Chapter 17 Public Goods and Common Resources Chapter 18 The Economics of the Welfare State
PART 9 Factor Markets and RiskChapter 19 Factor Markets and the Distribution of Income Appendix Indifference Curve Analysis of Labour SupplyChapter 20 Uncertainty, Risk, and Private Information
Macroeconomic Data Tables Solutions to “Check Your Understanding” Questions Glossary Index
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