,US T
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, Table of Contents
Preface iii
ESSAY QUESTIONS
Chapter 1 What is Economics? 1
Appendix Graphs in Economics 7
Chapter 2 The Economic Problem 9
Chapter 3 Demand and Supply 15
Chapter 4 Elasticity 21
Chapter 5 Efficiency and Equity 29
Chapter 6 Markets in Action 37
Chapter 7 Utility and Demand 47
Chapter 8 Possibilities, Preferences, and Choices 53
Chapter 9 Organizing Production 59
Chapter 10 Output and Costs 63
Chapter 11 Perfect Competition 69
Chapter 12 Monopoly 77
Chapter 13 Monopolistic Competition and Oligopoly 85
Chapter 14 Regulation and Antitrust Law 93
Chapter 15 Externalities 101
Chapter 16 Public Goods and Common Resources 109
Chapter 17 Demand and Supply in Factor Markets 115
Appendix Market Power in the Labor Market 121
Chapter 18 Economic Inequality 123
Chapter 19 Uncertainty and Information 129
Chapter 20 Trading With the World 133
VII
, VIII
NUMERIC AND GRAPHING QUESTIONS
Chapter 1 What is Economics? 143
Appendix Graphs in Economics 145
Chapter 2 The Economic Problem 153
Chapter 3 Demand and Supply 163
Chapter 4 Elasticity 169
Chapter 5 Efficiency and Equity 175
Chapter 6 Markets in Action 183
Chapter 7 Utility and Demand 191
Chapter 8 Possibilities, Preferences, and Choices 197
Chapter 9 Organizing Production 203
Chapter 10 Output and Costs 207
Chapter 11 Perfect Competition 215
Chapter 12 Monopoly 223
Chapter 13 Monopolistic Competition and Oligopoly 231
Chapter 14 Regulation and Antitrust Law 235
Chapter 15 Externalities 241
Chapter 16 Public Goods and Common Resources 247
Chapter 17 Demand and Supply in Factor Markets 249
Chapter 18 Economic Inequality 253
Chapter 19 Uncertainty and Information 257
Chapter 20 Trading With the World 259
co hi
in py s w
st ri or
ru gh k
ct t is
or la p
s’ ws ro
us a te
e nd cte
on i d
ly s f by
. or
, Table of Contents
Preface iii
ESSAY QUESTIONS
Chapter 1 What is Economics? 1
Appendix Graphs in Economics 7
Chapter 2 The Economic Problem 9
Chapter 3 Demand and Supply 15
Chapter 4 Elasticity 21
Chapter 5 Efficiency and Equity 29
Chapter 6 Markets in Action 37
Chapter 7 Utility and Demand 47
Chapter 8 Possibilities, Preferences, and Choices 53
Chapter 9 Organizing Production 59
Chapter 10 Output and Costs 63
Chapter 11 Perfect Competition 69
Chapter 12 Monopoly 77
Chapter 13 Monopolistic Competition and Oligopoly 85
Chapter 14 Regulation and Antitrust Law 93
Chapter 15 Externalities 101
Chapter 16 Public Goods and Common Resources 109
Chapter 17 Demand and Supply in Factor Markets 115
Appendix Market Power in the Labor Market 121
Chapter 18 Economic Inequality 123
Chapter 19 Uncertainty and Information 129
Chapter 20 Trading With the World 133
VII
, VIII
NUMERIC AND GRAPHING QUESTIONS
Chapter 1 What is Economics? 143
Appendix Graphs in Economics 145
Chapter 2 The Economic Problem 153
Chapter 3 Demand and Supply 163
Chapter 4 Elasticity 169
Chapter 5 Efficiency and Equity 175
Chapter 6 Markets in Action 183
Chapter 7 Utility and Demand 191
Chapter 8 Possibilities, Preferences, and Choices 197
Chapter 9 Organizing Production 203
Chapter 10 Output and Costs 207
Chapter 11 Perfect Competition 215
Chapter 12 Monopoly 223
Chapter 13 Monopolistic Competition and Oligopoly 231
Chapter 14 Regulation and Antitrust Law 235
Chapter 15 Externalities 241
Chapter 16 Public Goods and Common Resources 247
Chapter 17 Demand and Supply in Factor Markets 249
Chapter 18 Economic Inequality 253
Chapter 19 Uncertainty and Information 257
Chapter 20 Trading With the World 259
