Brief Table of Contents

Chapter 1: Economics: The Study of Choice

Chapter 2: A Pure Exchange Model of Trade

Chapter 3: The Analysis of Consumer Choice

Chapter 4: Production, Trade, and Comparative Advantage

Chapter 5: Another Look at Scarcity and Production

Chapter 6: The Role of Private Property in a Free Market Economy

Chapter 7: Theory of Market Demand

Chapter 8: Elasticity: A Measure of Response

Chapter 9: Production and Cost

Chapter 10: Monopoly

Chapter 11: Oligopoly

Chapter 12: Antitrust Policy and Business Regulation

Chapter 13: Competitive Markets for Goods and Services

Chapter 14: Demand and Supply

Chapter 15: Markets, Maximizers, and Efficiency

Chapter 16: Applications of Demand and Supply

Chapter 17: International Trade

Chapter 18: The Economics of the Environment

Chapter 19: Public Finance and Public Choice

Chapter 20: Interest Rates and the Markets for Capital and Natural Resources

Chapter 21: Imperfectly Competitive Markets for Factors of Production

Chapter 22: Wages and Employment in Perfect Competition

Chapter 23: Inequality, Poverty, and Discrimination

Chapter 24: Socialist Economies in Transition

Appendix A: Appendix A: Graphs in Economics