Part 1 What is Economics?
Introduction: An Engine for Growth and Discovery
Chapter 1 First Principles
Chapter 2 Economic Models: Trade-offs and Trade
Appendix 2: Graphs in Economics
Part 2 Supply and Demand
Chapter 3 Supply and Demand
Chapter 4 Consumer and Producer Surplus
Chapter 5 Price Controls and Quotas: Meddling with Markets
Chapter 6 Elasticity
Part 3 Individuals and Markets
Chapter 7 Taxes
Chapter 8 International Trade
Part 4 Economics and Decision Making
Chapter 9 Decision Making by Individuals and Firms
Appendix 9: Toward a Fuller Understanding of Present Value
Part 5 Microeconomics and Public Policy
Chapter 10 Externalities
Chapter 11 Public Goods and Common Resources
Chapter 12 The Economics of the Welfare State
Part 6 The Consumer
Chapter 13 The Rational Consumer
Appendix 13: Consumer Preferences and Consumer Choice
Part 7 The Production Decision
Chapter 14 Behind the Supply Curve: Inputs and Costs
Chapter 15 Perfect Competition and the Supply Curve
Part 8 Market Structure: Beyond Perfect Competition
Chapter 16 Monopoly
Chapter 17 Oligopoly
Chapter 18 Monopolistic Competition and Product Differentiation
Part 9 Factor Markets and Risk
Chapter 19 Factor Markets and the Distribution of Income
Appendix 19: Indifference Curve Analysis of Labor Supply
Chapter 20 Uncertainty, Risk, and Private Information
