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Principles of Microeconomics
Libby Rittenberg; Alan Grant; Timothy Tregarthen
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Chapters
Principles of Microeconomics · Libby Rittenberg; Alan Grant; Timothy Tregarthen
Defining Economics · The Field of Economics · The Economist’s Tool Kit
Factors of Production · The Production Possibilities Curve · Applications of the Production Possibilities Model
Demand · Supply · Demand, Supply, and Equilibrium
Putting Demand and Supply to Work · Government Intervention in Markets: Price Floors and Price Ceilings · Government Intervention in Markets: Taxes
The Price Elasticity of Demand · Responsiveness of Demand to Other Factors · Price Elasticity of Supply and Putting It All Together
The Logic of Maximizing Behavior · Maximizing in the Marketplace · Market Failure
The Concept of Utility · Utility Maximization and Demand
Production Choices and Costs: The Short Run · Production Choices and Costs: The Long Run
Perfect Competition: A Model · Profit Maximization in the Short Run · Perfect Competition in the Long Run
The Nature of Monopoly · The Monopoly Model · Assessing Monopoly
Monopolistic Competition: Competition Among the Many · Oligopoly: Competition Among the Few · Extensions of Imperfect Competition: Advertising and Price Discrimination
Labor Markets: Demand and Supply · Labor Markets in Perfect Competition · Imperfectly Competitive Labor Markets: Monopoly and Monopsony
The Role of Government in a Market Economy · Financing Government · Choices in the Public Sector
The Gains from Trade · Partial Equilibrium and Two-Way Trade · Restrictions on International Trade
Maximizing the Net Benefits of Pollution · Alternatives in Pollution Control · Natural Resources and Conservation
Income Inequality · The Economics of Poverty · The Economics of Discrimination
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