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Table Of Contents

1.1 What is Economics?
1.2 The Economic Way of Thinking
1.3 Economic Principles
2.3 Why Believe in Maximization?
2.4 The Panglossian Dilemma
3.1 Trade-offs are Everywhere
3.2 The Fallacy of Priority in Consumption
4.1 Diminishing Marginal Value
4.2 (Real) Income and (Relative) Prices
4.3 The Law of Demand
4.7 Total Value vs Marginal Value
4.8 Total Expenditure and Consumer’s Surplus
5.1 Changes in Demand
5.2 Changes in Quantity Demanded
5.3 Elasticity
6.1 Trade with Just Two People
6.2 Determining Price with Two People
6.3 Market Demand and Supply Curves
6.4 Unit Demand Curves (A Special Case)
6.5 Market Supply
6.6 Exchange with Market Demand and Supply
6.8 Prelude of Things To Come
7.1 What is Cost?
7.2 Adding Up Costs
7.3 Costs and Bads
7.5 Comparative Advantage
7.6 The Gains from Specialization
7.7 Comparative Advantage and Marginal Cost Curves
7.8 Marginal Costs and the Supply Curve
8.1 The Production Function
8.4 Average Cost Curves
9.1 The Profit Maximizing Level of Output
9.2 Profits of the Firm
9.3 The Market Supply Curve
10.1 Market Equilibrium
10.2 Shifts in Supply and Demand
10.3 Trade One More Time
10.5 Quotas in Agriculture
10.7 Criminal Behavior
EXTENSIONS OF THE NEOCLASSICAL MODEL
11.1 The Interest Rate
11.2 The Value of Durable Goods
11.4 The Equilibrium Interest Rate
12.3 The Market for Labor Services
12.4 Income Differences
12.5 Unions and Minimum Wages
13.1 Facing a Downward Sloping Demand Curve
13.2 Marginal Revenue Curve
13.3 The Price Searching Equilibrium
13.4 Price Discrimination and Other Pricing Practices
14.1 Simple Game Theory: Interactions With Others
14.2 Dominated and Dominant Strategies
14.3 The Evolution of Cooperation
14.7 Competition Policy
15.1 The Coase Theorem
15.2 No-Fault Divorce and the Coase Theorem
15.3 What are Transaction Costs?
15.4 Back to the Coase Theorem
15.5 What Causes Transaction Costs3
15.7 The Optimal Value of an Asset
16.1 The False Dichotomy of Firms and Markets
16.2 The Nature of the Firm
16.5 The Purchase System in the British Army
16.6 Franchising and the Big Mac
17.1 Contract Choice in Farm Land Leases
17.2 Market Enforced Quality Control
17.3 Signals of Quality Type
17.4 Screening and the Duel of Honor
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Published by Adrija Turka

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Published by: Adrija Turka on Mar 29, 2011
Copyright:Attribution Non-commercial

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12/17/2012

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