Table of Contents

Preface. Applications Update. Chapter 1. An Introduction to Microeconomics. Chapter 2. Supply and Demand. Chapter 3. The Theory of Consumer Choice. Chapter 4. Individual and Market Demand. Chapter 5. Using Consumer Choice Theory. Chapter 6. Exchange, Efficiency, and Prices. Chapter 7. Production. Chapter 8. The Cost of Production. Chapter 9. Profit Maximization in Perfectly Competitive Markets. Chapter 10. Using the Competitive Model. Chapter 11. Monopoly. Chapter 12. Product Pricing with Monopoly Power. Chapter 13. Monopolistic Competition and Oligopoly. Chapter 14. Game Theory and the Economics of Information. Chapter 15. Using Noncompetitive Market Models. Chapter 16. Employment and Pricing of Inputs. Chapter 17. Wages, Rent, Interest, and Profit. Chapter 18. Using Input Market Analysis. Chapter 19. General Equilibrium Analysis and Economic Efficiency. Chapter 20. Public Goods and Externalities. Mathematical Appendix. Answers to Selected Problems. Index.