TABLE OF CONTENTS

PART ONE: An Introduction to Economics and the Economy
1 The Nature and Method of Economics
2 The Economizing Problem
3 Individual Markets: Demand and Supply 3W Applications and Extensions of Supply and Demand Analysis
4 The Market System
5 The U.S. Economy: Private and Public Sectors
6 The United States in the Global Economy

PART TWO: Microeconomics of Product Markets
20 Elasticity of Demand and Supply
21 Consumer Behavior and Utility Maximization
22 The Costs of Production
23 Pure Competition
24 Pure Monopoly
25 Monopolistic Competition and Oligopoly
26 Technology, R&D, and Efficiency

PART THREE: Microeconomics of Resource Markets
27 The Demand for Resources
28 Wage Determination
29 Rent, Interest, and Profit

PART FOUR: Microeconomics of Government
30 Government and Market Failure
31 Public Choice Theory and the Economics of Taxation

PART FIVE: Microeconomic Issues and Policies
32 Antitrust Policy and Regulation
33 Agriculture: Economics and Policy (and more...)