[eBook] [PDF] For Exploring Microeconomics 8th Edition By Robert Sexton

1.1 Economics: A Brief Introduction

1.2 Economic Behavior

1.3 Economic Theory and Models

1.4 Pitfalls to Avoid in Scientific Thinking

1.5 Positive Statements and Normative Statements

2.1 Idea 1: People Face Scarcity and Costly Trade-Offs

2.2 Idea 2: People Engage in Rational Decision Making and Marginal Thinking

2.3 Idea 3: People Respond Predictably to Changes in Incentives

2.4 Idea 4: Specialization and Trade Can Make People Better Off

2.5 Idea 5: Markets Can Improve Economic Efficiency

2.6 Idea 6: Appropriate Government Policies Can Improve Market Outcomes

2.7 Idea 7: Government Policies May Help Stabilize the Economy

2.8 Idea 8: Increasing Productivity Leads to Economic Growth

3.1 The Three Economic Questions Every Society Faces

3.2 The Circular Flow Model

3.3 The Production Possibilities Curve

3.4 Economic Growth and the Production Possibilities Curve

4.1 Markets

4.2 Demand

4.3 Shifts in the Demand Curve

4.4 Supply

4.5 Shifts in the Supply Curve

4.6 Market Equilibrium Price and Quantity

5.1 Changes in Market Equilibrium

5.2 Price Controls

6.1 Price Elasticity of Demand

6.3 Other Types of Demand Elasticities

6.4 Price Elasticity of Supply

7.1 Consumer Surplus and Producer Surplus

7.2 The Welfare Effects of Taxes, Subsidies, and Price Controls

8.1 Externalities

8.2 Public Policy and the Environment

8.3 Property Rights and the Environment

8.4 Public Goods

8.5 Asymmetric Information

9.1 Public Finance: Government Spending and Taxation

9.2 Public Choice

10.1 Consumer Behavior

10.2 The Consumer’s Choice

10.3 Behavioral Economics

11.1 Firms and Profts: Total Revenues Minus Total Costs

11.2 Production in the Short Run

11.3 Costs in the Short Run

11.4 The Shape of the Short-Run Cost Curves

11.5 Cost-Curves: Short Run versus Lung Run

12.1 A Perfectly Competitive Market

12.2 An Individual Price Taker’s Demand Curve

12.3 Profit Maximization

12.4 Short-Run Profits and Losses

12.5 Long-Run Equilibrium

12.6 Long-Run Supply

13.1 Monopoly: The Price Maker

13.2 Demand and Marginal Revenue in Monopoly

13.3 The Monopolist’s Equilibrium

13.4 Monopoly and Welfare Loss

13.5 Monopoly Policy

13.6 Price Discrimination and Peak Load Pricing

14.1 Monopolistic Competition

14.2 Price and Output Determination in Monopolistic Competition

14.3 Monopolistic Competition versus Perfect Competition

14.4 Advertising

15.1 Oligopoly

15.2 Collusion and Cartels

15.3 Other Oligopoly Models

15.4 Game Theory and Strategic Behavior

16.1 Input Markets

16.2 Supply and Demand in the Labor Market

16.3 Labor Market Equilibrium

16.4 Labor Unions

16.5 The Markets for Land and Capital

17.1 Income Distribution

17.2 Income Redistribution

17.3 The Economics of Discrimination

17.4 Poverty

17.5 Health Care

18.1 The Growth in World Trade

18.2 Comparative Advantage and Gains from Trade

18.3 Supply and Demand in International Trade

18.4 Tariffs, Import Quotas, and Subsidies

19.1 The Balance of Payments

19.2 Exchange Rates

19.3 Equilibrium Changes in the Foreign Exchange Market