Preface iii
Acknowledgments viii
Chapter 1: An Introduction to Microeconomics 1
Chapter 2: Supply and Demand 13
Chapter 3: The Theory of Consumer Choice 42
Chapter 4: Individual and Market Demand 75
Chapter 5: Using Consumer Choice Theory 107
Chapter 6: Exchange, Efficiency, and Prices 140
Chapter 7: Production 159
Chapter 8: The Cost of Production 181
Chapter 9: Profit Maximization in Perfectly Competitive Markets 213
Chapter 10: Using the Competitive Model 243
Chapter 11: Monopoly 277
Chapter 12: Product Pricing with Monopoly Power 306
Chapter 13: Monopolistic Competition and Oligopoly 330
Chapter 14: Game Theory and the Economics of Information 357
Chapter 15: Using Noncompetitive Market Models 385
Chapter 16: Employment and Pricing of Inputs 402
Chapter 17: Wages, Rent, Interest, and Profit 425
Chapter 18: Using Input Market Analysis 453
Chapter 19: General Equilibrium Analysis and Economic Efficiency 482
Chapter 20: Public Goods and Externalities 505
Answers to Selected Problems xxx
Glossary xxx
Index xxx