Introduction to Economic Analysis | R. Preston McAfee and Tracy R. Lewis

- About the Authors
- 1What Is Economics?
  - 1.1Normative and Positive Theories
  - 1.2Opportunity Cost
  - 1.3Economic Reasoning and Analysis
- 2Supply and Demand
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  - 2.1Demand and Consumer Surplus
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  - 2.2Supply and Profit
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  - 2.3Market Demand and Supply
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  - 2.4Equilibrium
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  - 2.5Changes in Demand and Supply
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- 3Quantification
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  - 3.1Elasticity
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  - 3.2Supply and Demand Changes
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- 4The U.S. Economy
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  - 4.1Basic Demographics
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  - 4.2Education
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  - 4.3Households and Consumption
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  - 4.4Production
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  - 4.5Government
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  - 4.6Trade
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  - 4.7Fluctuations
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- 5Government Interventions
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  - 5.1Effects of Taxes
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  - 5.2Incidence of Taxes
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  - 5.3Excess Burden of Taxation
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  - 5.4Price Floors and Ceilings
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  - 5.5The Politics of Price Controls
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  - 5.6Price Supports
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  - 5.7Quantity Restrictions and Quotas
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- 6Trade
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  - 6.1Production Possibilities Frontier
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  - 6.2Comparative and Absolute Advantage
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  - 6.3Factors of Production
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  - 6.4International Trade
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- 7Externalities
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  - 7.1External Effects
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  - 7.2Pigouvian Taxes
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  - 7.3Quotas
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  - 7.4Tradable Permits and Auctions
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  - 7.5Coasian Bargaining
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  - 7.6Fishing and Extinction
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- 8Public Goods
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  - 8.1Free Riders
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  - 8.2Provision With Taxation
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  - 8.3Local Public Goods
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- 9Producer Theory: Costs
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  - 9.1Types of Firms
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  - 9.2Production Functions
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  - 9.3Profit Maximization
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  - 9.4The Shadow Value
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  - 9.5Input Demand
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  - 9.6Myriad Costs
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- 10Producer Theory: Dynamics
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  - 10.1Reactions of Competitive Firms
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  - 10.2Economies of Scale and Scope
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  - 10.3Dynamics With Constant Costs
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  - 10.4General Long-run Dynamics
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- 11Investment
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  - 11.1Present Value
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  - 11.2Investment
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  - 11.3Investment Under Uncertainty
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  - 11.4Resource Extraction
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  - 11.5A Time to Harvest
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  - 11.6Collectibles
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  - 11.7Summer Wheat
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- 12Consumer Theory
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  - 12.1Utility Maximization
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  - 12.2Budget or Feasible Set
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  - 12.3Isoquants
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  - 12.4Examples
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  - 12.5Substitution Effects
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  - 12.6Income Effects
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  - 12.7Mathematical Cleanup
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- 13Applied Consumer Theory
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  - 13.1Labor Supply
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  - 13.2Urban Real Estate Prices
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  - 13.3Dynamic Choice
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  - 13.4Risk Aversion
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  - 13.5Search
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- 14General Equilibrium
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  - 14.1Edgeworth Box
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  - 14.2Equilibrium With Price System
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  - 14.3General Equilibrium
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- 15Monopoly
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  - 15.1Sources of Monopoly
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  - 15.2Basic Analysis
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  - 15.3Effect of Taxes
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  - 15.4Price Discrimination
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  - 15.5Welfare Effects
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  - 15.6Natural Monopoly
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  - 15.7Peak-load Pricing
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- 16Games and Strategic Behavior
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  - 16.1Matrix Games
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  - 16.2Nash Equilibrium
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  - 16.3Mixed Strategies
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  - 16.4Examples
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  - 16.5Subgame Perfection
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  - 16.6Supergames
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- 17Imperfect Competition
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  - 17.1Cournot Oligopoly
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  - 17.2Cournot Industry Performance
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  - 17.3Hotelling Differentiation
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  - 17.4The Circle Model
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- 18Information
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  - 18.1Market for Lemons
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  - 18.2Myerson-Satterthwaite Theorem
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  - 18.3Signaling
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  - 18.4Search and Price Dispersion
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- 19Agency Theory
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  - 19.1Principals and Agents
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  - 19.2Cost of Providing Incentives
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  - 19.3Multi-tasking
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  - 19.4Multi-tasking without Homogeneity
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- 20Auctions
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  - 20.1English Auction
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  - 20.2Sealed-bid Auction
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  - 20.3Dutch Auction
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  - 20.4Vickrey Auction
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  - 20.5The Winner’s Curse and Linkage
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  - 20.6Auction Design
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- 21Antitrust
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  - 21.1Sherman Act
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  - 21.2Clayton Act
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  - 21.3Price Fixing
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  - 21.4Mergers
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