Microeconomics for Life: Smart Choices for You

Brief Table of Contents

Ch 1What’s In Economics For You?
Scarcity, Opportunity Cost, Trade
Ch 2Making Smart Choices
The Law of Demand
Ch 3Show Me the Money
The Law of Supply
Ch 4Coordinating Smart Choices
Demand and Supply
Ch 5Just How Badly Do You Want It?
Elasticity
Ch 6What Gives When Prices Don’t?
Government Policy Choices
Ch 7Getting the Most Bang per Buck
Utility behind Demand
Ch 8Finding Producers' Bottom Line
Profits and Costs behind Supply
Ch 9Pricing Power
Market Structure and Pricing
Ch 10What's Perfect about Perfect Competition?
Productivity, Costs, and Efficiency
Ch 11Pricing for Profits in Imperfect Competition
Marginal Revenue and Marginal Cost
Ch 12When Markets Fail
Natural Monopoly, Gaming, Competition, and Government
Ch 13Acid Rain on Others' Parades
Externalities, Carbon Taxes, Free Riders, and Public Goods
Ch 14What Are You Worth?
Inputs, Incomes, and Inequality
Ch 15Are Sweatshops All Bad?
Globalization, Trade and Protectionism