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Student Foreword | |
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Instructor Foreword | |
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A Note to Instructors: Suggestions for Use | |
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Acknowledgments | |
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About the Authors | |
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About the Editor | |
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Live Together, Die Alone: Competition, Cooperation, and International Trade | |
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Chapter Highlights | |
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Gains from Trade | |
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Competition | |
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Protectionism | |
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The Law of Comparative Advantage | |
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Rumble in the Bronx | |
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Change | |
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Isolation Nation | |
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Read On/Join Up | |
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Questions for Discussion | |
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The War on the Economy: Stimulus Spending and Job "Creation" | |
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Chapter Highlights | |
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Opportunity Cost | |
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Economic Stimulus | |
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Business Cycles | |
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Gross Domestic Product | |
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The Keynesian Multiplier | |
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Maynard City: Where Destruction Brings Prosperity | |
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Jobs, Baby, Jobs! | |
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World War II: The Great Employment Program | |
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Read On/Join Up | |
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Questions for Discussion | |
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(Don't) Give Us Your Tired, Your Poor ...: Labor Migration in the Land of the Free and Beyond | |
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Chapter Highlights | |
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Immigrations Policy | |
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Economic Growth | |
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Unemployment | |
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Aggregate Demand and Supply | |
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Marginal Revenue Product of Labor | |
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Spain's Big Idea | |
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Pizza and the Economy | |
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Everybody ♥ NY | |
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Immigration Is the Sincerest Form of Flattery | |
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People Are Not the Problem | |
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Read On/Join Up | |
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Questions for Discussion | |
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Profits in the Political Marketplace: Is Government Regulation the Secret to Competitive Success? | |
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Chapter Highlights | |
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Competitive Strategy | |
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Product Differentiation | |
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Public Choice Theory | |
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Antitrust | |
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Rent Seeking | |
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Shopping at the Political Marketplace | |
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Ignorance Is Bliss Rational (Sometimes) | |
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The In Crowd | |
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Got Milk? | |
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Some Better Advice | |
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Read On/Join Up | |
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Questions for Discussion | |
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The $1,200 Sticks: Supply, Demand, and the Economics of Prohibition | |
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Chapter Highlights | |
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Externalities | |
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Laws of Supply and Demand | |
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Price Elasticity of Demand and Expenditure | |
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Rational Choice | |
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The Law of Unintended Consequences | |
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It's Good to Be a Gangsta | |
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Tradeoffs and Spillovers | |
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The Real Fairy Tale | |
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The More Things Change... | |
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Read On/Join Up | |
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Questions for Discussion | |
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All You Can Eat: Demand and Supply at the Healthcare Buffet | |
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Chapter Highlights | |
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Marginal Benefits and Costs | |
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Health Economics | |
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Moral Hazard | |
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Adverse Selection | |
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The Samaritan's Dilemma | |
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The Systems of Our Neighbors | |
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Healthcare Quality and Access in America | |
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The French Connection | |
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People Making Bad Decisions | |
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"Free" Lunches and Behavior | |
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People Are like Porsches-or Hondas | |
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The Patient Protection and Affordable Care Act | |
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A Separate Issue | |
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Read On/Join Up | |
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Questions for Discussion | |
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Green Is the New Black: Environmental Problems and Policy | |
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Chapter Highlights | |
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The Tragedy of the Commons | |
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The Coase Theorem | |
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Negative and Positive Externalities | |
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Environmental Regulation | |
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Cost-Benefit Analysis | |
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The World Cafeteria | |
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Everything Costs Something | |
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Costs Are Never Irrelevant | |
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One Size Does Not Fit All | |
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Ideas Have Consequences-and Side Effects | |
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Green Jobs: The Key that Unlocks All? | |
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The Power of Profit | |
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Getting Beyond Fear and Fashion | |
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Read On/Join Up | |
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Questions for Discussion | |
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Santa, Inc.: Firm Decisions and the Pursuit of Profit | |
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Chapter Highlights | |
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Profit (Economic vs. Accounting) | |
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Predatory Pricing | |
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Monopoly | |
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Scale Economies and Diseconomies | |
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Price Fixing | |
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Mom-and-Pop Shops | |
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The Song Remains the Same | |
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Cheaper, Faster, Better, Bigger | |
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Risky Business | |
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Overlooked Benefits | |
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Read On/Join Up | |
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Questions for Discussion | |
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Spiking the Punch: Financial Markets, Principals, Agents, and Moral Hazard | |
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Chapter Highlights | |
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Financial Markets | |
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Interest Rates and Risk | |
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Principal-Agent Problems | |
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Incentives | |
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Moral Hazard | |
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The Wonders of Wall Street | |
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The Secondary Market | |
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Paper Pushers | |
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"Wall Street Got Drunk" | |
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It's Not that I'm Lazy ... | |
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'Who Spiked the Punch? | |
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Freddie, Fannie, and Not-Very-Secure Securities | |
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Sobering Up | |
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Read On/Join Up | |
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Questions for Discussion | |
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Stairway to ... Sweatshops?: What Foreign Factories Mean for You, Me, and the Developing World | |
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Chapter Highlights | |
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Market Competition | |
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Outsourcing | |
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Economic Development | |
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Costs and Production | |
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Fair Trade | |
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How to Make Cheap Stuff | |
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An "Alternative" View of Sweatshops | |
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Step Right up to Development | |
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Buy Mexican | |
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Read On/Joint Up | |
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Questions for Discussion | |
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Why Men Love Tools: Poverty at the Personal and National Levels | |
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Chapter Highlights | |
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Poverty Threshold/Poverty Rate | |
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Investment | |
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Physical Capital | |
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Human Capital | |
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Economic Freedom and Growth | |
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It's All Relative ... Except When It's Absolute | |
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Pain Meds for a Broken Bone | |
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Personal Investing 101 | |
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Change Comes from Within | |
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The (Only) Simple Solution | |
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Let's Not Get Ahead of Ourselves | |
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Read On/Join Up | |
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Questions for Discussion | |
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Land of the Free: Regulation, Redistribution, and Rights | |
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Chapter Highlights | |
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Tradeoffs | |
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Optimization vs. Maximization | |
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Equity vs. Efficiency | |
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Income Redistribution | |
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Insurance | |
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Bargain Hunters | |
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The Big (X-ray) Picture | |
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Homerun! | |
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The "Moral" of the Story | |
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Read On/Join Up | |
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Questions for Discussion | |
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Index | |