Principles of Microeconomics | Libby Rittenberg and Timothy Tregarthen

- 1Economics: The Study of Choice
  - 1.1Start Up: Economics in the News
  - 1.2Defining Economics
  - 1.3The Field of Economics
  - 1.4The Economists’ Tool Kit
  - 1.5Review and Practice
- 2Confronting Scarcity: Choices in Production
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  - 2.1Start Up: An Attempt to Produce Safer Air Travel
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  - 2.2Factors of Production
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  - 2.3The Production Possibilities Curve
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  - 2.4Applications of the Production Possibilities Model
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  - 2.5Review and Practice
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- 3Demand and Supply
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  - 3.1Start Up: Crazy for Coffee
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  - 3.2Demand
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  - 3.3Supply
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  - 3.4Demand, Supply, and Equilibrium
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  - 3.5Review and Practice
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- 4Applications of Demand and Supply
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  - 4.1Start Up: A Composer Logs On
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  - 4.2Putting Demand and Supply to Work
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  - 4.3Government Intervention in Market Prices: Price Floors and Price Ceilings
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  - 4.4The Market for Health-Care Services
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  - 4.5Review and Practice
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- 5Elasticity: A Measure of Response
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  - 5.1Start Up: Raise Fares? Lower Fares? What’s a Public Transit Manager To Do?
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  - 5.2The Price Elasticity of Demand
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  - 5.3Responsiveness of Demand to Other Factors
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  - 5.4Price Elasticity of Supply
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  - 5.5Review and Practice
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- 6Markets, Maximizers, and Efficiency
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  - 6.1Start Up: A Drive in the Country
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  - 6.2The Logic of Maximizing Behavior
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  - 6.3Maximizing in the Marketplace
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  - 6.4Market Failure
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  - 6.5Review And Practice
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- 7The Analysis of Consumer Choice
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  - 7.1Start Up: A Day at the Grocery Store
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  - 7.2The Concept of Utility
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  - 7.3Utility Maximization and Demand
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  - 7.4Indifference Curve Analysis: An Alternative Approach to Understanding Consumer Choice
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  - 7.5Review and Practice
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- 8Production and Cost
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  - 8.1Start Up: Street Cleaning Around the World
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  - 8.2Production Choices and Costs: The Short Run
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  - 8.3Production Choices and Costs: The Long Run
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  - 8.4Review and Practice
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- 9Competitive Markets for Goods and Services
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  - 9.1Start Up: Life on the Farm
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  - 9.2Perfect Competition: A Model
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  - 9.3Output Determination in the Short Run
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  - 9.4Perfect Competition in the Long Run
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  - 9.5Review and Practice
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- 10Monopoly
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  - 10.1Start Up: Surrounded by Monopolies
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  - 10.2The Nature of Monopoly
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  - 10.3The Monopoly Model
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  - 10.4Assessing Monopoly
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  - 10.5Review and Practice
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- 11The World of Imperfect Competition
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  - 11.1Start Up: The Excitement of Groupon: What Rivals Will It Face?
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  - 11.2Monopolistic Competition: Competition Among Many
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  - 11.3Oligopoly: Competition Among the Few
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  - 11.4Extensions of Imperfect Competition: Advertising and Price Discrimination
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  - 11.5Review and Practice
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- 12Wages and Employment in Perfect Competition
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  - 12.1Start Up: College Pays
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  - 12.2The Demand for Labor
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  - 12.3The Supply of Labor
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  - 12.4Labor Markets at Work
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  - 12.5Review and Practice
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- 13Interest Rates and the Markets for Capital and Natural Resources
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  - 13.1Start Up: Building the “Internet in the Sky”
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  - 13.2Time and Interest Rates
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  - 13.3Interest Rates and Capital
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  - 13.4Natural Resources and Conservation
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  - 13.5Review and Practice
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- 14Imperfectly Competitive Markets for Factors of Production
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  - 14.1Start Up: Hockey Players Frozen Out
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  - 14.2Price-Setting Buyers: The Case of Monopsony
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  - 14.3Monopsony and the Minimum Wage
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  - 14.4Price Setters on the Supply Side
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  - 14.5Review and Practice
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- 15Public Finance and Public Choice
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  - 15.1Start Up: Where Your Tax Dollars Go
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  - 15.2The Role of Government in a Market Economy
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  - 15.3Financing Government
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  - 15.4Choices in the Public Sector
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  - 15.5Review and Practice
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- 16Antitrust Policy and Business Regulation
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  - 16.1Start Up: The Plastic War
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  - 16.2Antitrust Laws and Their Interpretation
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  - 16.3Antitrust and Competitiveness in a Global Economy
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  - 16.4Regulation: Protecting People from the Market
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  - 16.5Review and Practice
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- 17International Trade
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  - 17.1Start Up: Trade Winds
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  - 17.2The Gains from Trade
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  - 17.3Two-Way Trade
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  - 17.4Restrictions on International Trade
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  - 17.5Review and Practice
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- 18The Economics of the Environment
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  - 18.1Start Up: A Market for Carbon Emissions
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  - 18.2Maximizing the Net Benefits of Pollution
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  - 18.3Alternatives in Pollution Control
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  - 18.4Review and Practice
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- 19Inequality, Poverty, and Discrimination
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  - 19.1Start Up: Occupy Wall Street and the World
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  - 19.2Income Inequality
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  - 19.3The Economics of Poverty
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  - 19.4The Economics of Discrimination
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  - 19.5Review and Practice
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- 20Socialist Economies in Transition
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  - 20.1Start Up: The Collapse of Socialism
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  - 20.2The Theory and Practice of Socialism
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  - 20.3Socialist Systems in Action
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  - 20.4Economies in Transition: China and Russia
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  - 20.5Review and Practice
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- AAppendix A: Graphs in Economics
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  - A.1How to Construct and Interpret Graphs
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  - A.2Nonlinear Relationships and Graphs without Numbers
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  - A.3Using Graphs and Charts to Show Values of Variables
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