Microeconomics_2ed_by_Karlan

brief contents
Thinking Like an Economist
Part 1 THE POWER OF ECONOMICS 1
1 Economics and Life 3
2 Specialization and Exchange 25
Part 2 SUPPLY AND DEMAND 47
3 Markets 49
4 Elasticity 79
5 Efficiency 103
6 Government Intervention 129
Microeconomics: Thinking Like a
Microeconomist
Part 3 INDIVIDUAL DECISIONS 163
7 Consumer Behavior 165
8 Behavioral Economics: A Closer Look at Decision
Making 191
9 Game Theory and Strategic Thinking 205
10 Information 233
11 Time and Uncertainty 251
Part 4 FIRM DECISIONS 271
12 The Costs of Production 273
13 Perfect Competition 299
14 Monopoly 329
15 Monopolistic Competition and Oligopoly 357
16 The Factors of Production 385
17 International Trade 419
Part 5 PUBLIC ECONOMICS 449
18 Externalities 451
19 Public Goods and Common Resources 477
20 Taxation and the Public Budget 495
21 Poverty, Inequality, and Discrimination 523
22 Political Choices 559
23 Public Policy and Choice Architecture 579

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