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Table of ContentsI. Introduction1. Economics: Foundations and Models2. Trade-offs, Comparative Advantage, and the Market System3. Where Prices Come From: The Interaction of Demand and Supply4. Economic Efficiency, Government Price Setting, and TaxesII. Markets in Action5. Externalities, Environmental Policy, and Public Goods6. Elasticity: The Responsiveness of Demand and Supply7. The Economics of Health CareIII. Firms in the Domestic and International Economies8. Firms, the Stock Market, and Corporate Governance9. Comparative Advantage and the Gains from International TradeIV. Microeconomic Foundations: Consumers and Firms10. Consumer Choice and Behavioral Economics11. Technology, Production, and CostsV. Market Structure and Firm Strategy12. Firms in Perfectly Competitive Markets13. Monopolistic Competition: The Competitive Model in a More Realistic Setting14. Oligopoly: Firms in Less Competitive Markets15. Monopoly and Antitrust Policy16. Pricing StrategyVI. Labor Markets, Public Choice, and the Distribution of Income17. The Markets for Labor and Other Factors of Production18. Public Choice, Taxes, and the Distribution of Income
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