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| Introduction To Microeconomics | |
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| Analyzing Economic Problems | |
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| Why Study Microeconomics? | |
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| Key Analytical Tools In Microeconomics | |
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| Positive And Normative Analysis | |
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| Supply and Demand Analysis | |
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| Demand, Supply, And Market Equilibrium | |
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| Price Elasticity Of Demand | |
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| Other Elasticities | |
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| Long-Run Versus Short-Run Demand And Supply | |
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| Back-Of-The-Envelope Calculations | |
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| Structural Versus Reduced-Form Equations | |
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| More On Elasticity | |
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| Consumer Theory | |
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| Consumer Preferences and the Concept of Utility | |
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| Representations Of Preferences | |
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| Utility Functions | |
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| Consumer Choice | |
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| The Budget Constraint | |
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| Optimal Choice | |
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| Consumer Choice With Composite Goods | |
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| Revealed Preference | |
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| The Mathematics Of Consumer Choice | |
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| The Theory of Demand | |
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| Optimal Choice And Demand | |
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| Income And Substitution Effects | |
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| Consumer Surplus | |
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| Market Demand | |
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| Network Externalities | |
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| The Choice Of Labor And Leisure | |
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| Consumer Price Indices | |
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| Production And Cost Theory | |
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| Inputs and Production Functions | |
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| Inputs And Production Functions | |
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| Production Functions With A Single Input | |
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| Production Functions With More Than One Input | |
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| Substitutability Among Inputs | |
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| Returns To Scale | |
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| Technological Progress | |
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| The Elasticity Of Substitution For A Cobb-Douglass Production Function | |
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| Costs and Cost Minimization | |
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| Cost Concepts For Decision Making | |
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| The Cost Minimization Problem | |
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| Comparative Statics Analysis Of The Cost Minimization Problem | |
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| Short-Run Cost Minimization | |
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| Advanced Topics In Cost Minimization | |
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| Cost Curves | |
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| Long-Run Cost Curves | |
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| Long-Run Average And Marginal Cost | |
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| Short-Run Cost Curves | |
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| Special Topics In Cost | |
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| Estimating Cost Functions | |
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| Shephard's Lemma And Duality | |
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| Perfect Competition | |
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| Perfectly Competitive Markets | |
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| What Is Perfect Competition? | |
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| Profit Maximization By A Pricetaking Firm | |
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| How The Market Price Is Determined: Short-Run Equilibrium | |
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| How The Market Price Is Determined: Long-Run Market Equilibrium | |
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| Economic Rent And Producer Surplus | |
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| Profit Maximization Implies Cost Minimization | |
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| Competitive Markets: Applications | |
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| The Invisible Hand | |
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| Impact Of An Excise Tax | |
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| Subsidies | |
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| Price Ceilings (Maximium Price Regulation) | |
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| Price Floors (Minimum Price Regulation) | |
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| Production Quotas | |
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| Other Price Supports | |
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| Import Tariffs And Quotas | |
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| Market Power | |
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| Monopoly and Monopsony | |
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| Profit Maximization By A Monopolist | |
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| The Inverse Elasticity Pricing Rule | |
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| Monopoly Comparative Statics | |
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| Multiplant Monopoly | |
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| The Welfare Economics Of Monopoly | |
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| Why Do Monopoly Markets Exist? | |
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| Monopsony | |
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| Capturing Surplus | |
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| Capturing Surplus | |
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| First-Degree Price Discrimination | |
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| Second-Degree Price Discrimination | |
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| Third-Degree Price Discrimination | |
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| Tying (Tie-In Sales) | |
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| Advertising | |
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| Imperfect Competition And Strategic Behavior | |
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| Market Structure and Competition | |
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| Types Of Market Structures | |
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| Oligopoly With Homogeneous Products | |
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| Dominant Firm Markets | |
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| Oligopoly With Differentiated Products | |
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| Monopolistic Competition | |
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| The Cournot Equilibrium And The Inverse Elasticity Price Rule | |
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| Game Theory and Strategic Behavior | |
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| The Concept Of Nash Equilibrium | |
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| The Repeated Prisoners' Dilemma | |
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| Sequential-Move Games And Strategic Moves | |
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| Special Topics | |
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| Risk and Information | |
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| Describing Risky Outcomes | |
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| Evaluating Risky Outcomes | |
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| Bearing And Eliminating Risk | |
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| Analyzing Risky Decisions | |
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| Auctions | |
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| General Equilibrium Theory | |
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| General Equilibrium Analysis: Two Markets | |
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| General Equilibrium Analysis: Many Markets | |
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| General Equilibrium Analysis: Comparative Statics | |
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| The Efficiency Of Competitive Markets | |
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| Gains From Free Trade | |
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| Deriving The Demand And Supply Curves For The General Equilibrium In Figure 16.9 | |
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| Externalities and Public Goods | |
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| Externalities | |
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| Public Goods | |
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| Mathematical Appendix | |
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| Functional Relationships | |
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| What Is A Margin? | |
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| Derivatives | |
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| How To Find A Derivative | |
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| Derivative of a Constant | |
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| Derivative of a Power Function | |
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| Derivatives of Sums and Differences | |
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| Derivatives of a Natural Logarithm | |
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| Derivatives of Products | |
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| Derivatives of Quotients | |
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| Maximization And Minimization Problems | |
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| Optimal Quantity Choice Rules | |
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| Multivariable Functions | |
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| Finding a Maximum or a Minimum | |
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| Constrained Optimization | |
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| Lagrange Multipliers | |
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| Solutions To Selected Problems | |
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| Glossary | |
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| Index | |