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Table of Contents Part 1 Introduction: Thinking Like an Economist Chapter 1 Economics and Economic Reasoning Chapter 2 The Production Possibility Model, Trade, and Globalization Chapter 3 Economic Institutions Chapter 4 Supply and Demand Chapter 5 Using Supply and Demand Chapter 6 Thinking Like a Modern Economist Part 2: Microeconomics I. The Power of Traditional Economic Models Chapter 7 Describing Supply and Demand: Elasticities Chapter 8 Taxation and Government Intervention Chapter 9 International Trade Policy, Comparative Advantage, and Outsourcing II. Choice and Decision-Making Chapter 10 The Logic of Individual Choice: The Foundation of Supply and Demand Chapter 11 Game Theory, Strategic Decision Making, and Behavioral Economics III. Production and Cost Analysis Chapter 12 Production and Cost Analysis I Chapter 13 Production and Cost Analysis II IV. Market Structure Chapter 14 Perfect Competition Chapter 15 Monopoly Chapter 16 Monopolistic Competition and Oligopoly V. Real-World Competition Chapter 17 Real-World Competition and Technology Chapter 18 Antitrust Policy and Regulation VI. Factor Markets Chapter 19 Work and the Labor Market Chapter 19W Nonwage and Asset Income: Rents, Profits, and Interest Chapter 20 Who Gets What? The Distribution of Income VII. Applying Economic Reasoning to Policy Chapter 21 Market Failure versus Government Failure Chapter 21W Politics and Economics: The Case of Agricultural Markets Chapter 22 Behavioral Economics and Modern Economic Policy Chapter 23 Microeconomic Policy, Economic Reasoning, and Beyond
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