Includes index.

Part 1: Introduction 1. Thinking Like an Economist 2. Supply and Demand Appendix: How Do Taxes Affect Equilibrium Prices and Quantities? Part 2: The Theory of Consumer Behavior 3. Rational Consumer Choice Appendix: The Utility Function Approach to the Consumer Budgeting Problem 4. Individual and Market Demand Appendix: Additional Topics in Demand Theory 5. Applications of Rational Choice and Demand Theories 6. The Economics of Information and Choice Under Uncertainty Appendix: Search Theory and the Winner's Curse 7. Explaining Tastes: The Importance of Altruism and Other Nonegoistic Behavior 8. Cognitive Limitations and Consumer Behavior Part 3: The Theory of the Firm and Market Structure 9. Production Appendix: Mathematical Extensions of Production Theory 10. Costs Appendix: Mathematical Extensions of the Theory of Costs 11. Perfect Competition 12. Monopoly 13. Imperfect Competition: A Game-Theoretic Approach Part 4: Factor Markets 14. Labor Appendix: The Economics of Workplace Safety 15. Capital Appendix: A More Detailed Look at Exhaustible Resource Allocation Part 5: Welfare Economics 16. General Equilibrium and Market Efficiency (online only) 17. Externalities, Property Rights, and the Coase Theorem 18. Government