Table of Contents
I. INTRODUCTION
1. The Nature of Economics
2. Scarcity and the World of Trade-Offs
3. Demand and Supply
4. Extensions of Demand and Supply Analysis
5. Public Spending and Public Choice
6. Funding the Public Sector
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II. DIMENSIONS OF MICROECONOMICS
19. Demand and Supply Elasticity
20. Consumer Choice
21. Rents, Profits, and the Financial Environment of Business
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VI. MARKET STRUCTURE, RESOURCE ALLOCATION, AND REGULATION
22. The Firm. Cost and Output Determination
23. Perfect Competition
24. Monopoly
25. Monopolistic Competition
26. Oligopoly and Strategic Behavior
27. Regulation and Antitrust Policy in a Globalized Economy
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VII. LABOR RESOURCES AND THE ENVIRONMENT
28. The Labor Market. Demand, Supply, and Outsourcing
29. Unions and Labor Market Monopoly Power
30. Income, Poverty and Health Care
31. Environmental Economics
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VIII. GLOBAL ECONOMICS
32. Comparative Advantage and the Open Economy
33. Exchange Rates and the Balance of Payments