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PART 1 INTRODUCTION CHAPTER 1 Economics: Foundations and models CHAPTER 1 APPENDIX Using graphs and formulae CHAPTER 2 Choices and trade-offs in the market PART 2 HOW THE MARKET WORKS CHAPTER 3 Where prices come from: The interaction of demand and supply CHAPTER 4 Elasticity: The responsiveness of demand and supply CHAPTER 5 Economic efficiency, government price setting and taxes CHAPTER 5 APPENDIX Quantitative demand and supply analysis PART 3 CONSUMERS AND FIRMS CHAPTER 6 Consumer choice and behavioural economics CHAPTER 6 APPENDIX Using indifference curves and budget lines to understand consumer behaviour CHAPTER 7 Technology, production and costs CHAPTER 7 APPENDIX Using isoquants and isocosts to understand production and costs PART 4 MARKET STRUCTURE AND FIRM STRATEGY CHAPTER 8 Firms in perfectly competitive markets CHAPTER 9 Monopoly markets CHAPTER 9 APPENDIX Price discrimination CHAPTER 10 Monopolistic competition CHAPTER 11 Oligopoly: Firms in less competitive markets CHAPTER 11 APPENDIX Traditional models of oligopoly PART 5 MARKETS FOR FACTORS OF PRODUCTION CHAPTER 12 The markets for labour and other factors of production PART 6 INTERNATIONAL MARKETS CHAPTER 13 International trade PART 7 THE ROLE OF GOVERNMENT CHAPTER 14 Government intervention in the market CHAPTER 15 Externalities, environmental policy and public goods CHAPTER 16 The distribution of income and social policy

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