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Preface | |
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What is Economics? | |
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Introduction The Ordinary Business of Life | |
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First Principles | |
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Economic Models: Trade-offs and Trade | |
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Appendix Graphs in Economics | |
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Supply and Demand | |
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Supply and Demand | |
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The Market Strikes Back | |
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Elasticity | |
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Individuals and Markets | |
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Consumer and Producer Surplus | |
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Making Decisions | |
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The Producer | |
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Behind the Supply Curve: Inputs and Costs | |
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Perfect Competition and the Supply Curve | |
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The Consumer | |
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The Rational Consumer | |
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Consumer Preferences and Consumer Choice | |
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Markets and Efficiency | |
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Factor Markets and the Distribution of Income | |
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Appendix: Indifference Curve Analysis of Labor Supply | |
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Efficiency and Equity | |
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Market Structure: Beyond Perfect Competition | |
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Monopoly | |
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Oligopoly | |
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Monopolistic Competition and Product Differentiation | |
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Extending Market Boundaries | |
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International Trade | |
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Uncertainty, Risk, and Private Information | |
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Microeconomics and Public Policy | |
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Externalities | |
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Public Goods and Common Resources | |
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Taxes, Social Insurance, and Income Distribution | |
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New Directions for Markets | |
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Technology, Information Goods, and Network Externalities | |
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Introduction To Macroeconomics | |
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Macroeconomics: The Big Picture | |
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Tracking the Macroeconomy | |
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The Economy in the Long Run | |
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Long-Run Economic Growth | |
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Savings, Investment Spending, and the Financial System | |
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Short-Run Economic Fluctuations | |
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Aggregate Supply and Aggregate Demand | |
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Income and Expenditure | |
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Appendix Deriving the Multiplier Algebraically | |
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Fiscal Policy | |
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Appendix Taxes and the Multiplier | |
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Money, Banking, and the Federal Reserve System | |
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Monetary Policy | |
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The Supply Side and the Medium Run | |
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Labor Markets, Unemployment, and Inflation | |
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Inflation, Disinflation, and Deflation | |
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Events and Ideas | |
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The Making of Modern Macroeconomics | |
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The Open Economy | |
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Open-Economy Macroeconomics | |
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Supplemental : Currencies and Crises | |
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Available on the Web, at www.worthpublishers.com/krugmanwells, and in booklet form | |