Microeconomics_Principles_Problems_and_Policies_21e_by_McConnell

BRIEF CONTENTS
Preface x
Tables xxxii
PART ONE
Introduction to Economics and the Economy
1 Limits, Alternatives, and Choices 1
2 The Market System and the Circular Flow 27
PART TWO
Price, Quantity, and Efficiency
3 Demand, Supply, and Market Equilibrium 47
4 Market Failures: Public Goods and Externalities 76
5 Government’s Role and Government Failure 102
PART THREE
Consumer Behavior
6 Elasticity 122
7 Utility Maximization 139
8 Behavioral Economics 159
PART FOUR
Microeconomics of Product Markets
9 Businesses and the Costs of Production 179
10 Pure Competition in the Short Run 202
11 Pure Competition in the Long Run 220
12 Pure Monopoly 234
13 Monopolistic Competition 256
14 Oligopoly and Strategic Behavior 267
15 Technology, R&D, and Efficiency 292
PART FIVE
Microeconomics of Resource
Markets and Government
16 The Demand for Resources 312
17 Wage Determination 329
18 Rent, Interest, and Profit 357
19 Natural Resource and Energy Economics 376
20 Public Finance: Expenditures and Taxes 399
PART SIX
Microeconomic Issues and Policies
21 Antitrust Policy and Regulation 421
22 Agriculture: Economics and Policy 437
23 Income Inequality, Poverty, and Discrimination 455
24 Health Care 479
25 Immigration 500
PART SEVEN
International Economics
26 International Trade 517
27 The Balance of Payments, Exchange Rates,
and Trade Deficits 544
Glossary G1
Index IND0

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