Table of Contents
Part I. Introduction: Markets and Prices;
Chapter 1. Preliminaries;
Chapter 2. The Basics of Supply and Demand;
Part II. Producers, Consumers, and Competitive Markets;
Chapter 3. Consumer Behavior;
Chapter 4. Individual and Market Demand;
Chapter 5. Production;
Chapter 6. The Cost of Production;
Chapter 7. Profit maximization and perfect competition;
Chapter 8. The analysis of competitive markets;
Part Three-Market structure and competitive strategy;
Chapter 9. Market power: Monopoly and monopsony;
Chapter 10. Pricing with Market Power;
Chapter 11. Monopolistic Competition and Oligopoly;
Chapter 12.Game Theory and Competitive Strategy;
Chapter 13.Price and Employment of Factor Inputs ;
Chapter 14. Investment, Time, and Capital Markets;

Part IV. Information, Market Failure, and the Role of Government;
Chapter 15. General Equilibrium and Economic Efficiency;
Chapter 16. Externalities and Public Goods;
Chapter 17. Markets with Asymmetric Information;

Part Five-Risk and uncertainty;
Chapter 18. Choice involving Risk;
Appendix: The Basics of Regression;
Glossary;
Answers to Selected Exercises;
Photo Credits;
Index.