CyberEconomics: Extended Table of Contents (Micro Part)   Web ingrimayne.com Extra-Features Menu Welcome to Economics! Definitions of Economics Scarcity and Choice Utopias What is a Science Positive and Normative Unintended Consequences How to Study Economics Appendix
Actions and Results Musical Chairs Contingent Behavior More Contingent Behavior Production Possibilities Exchange and Consumption By-products The Commons The Individual and The Group Prisoner's Dilemma More Prisoner's Dilemma Self-Interest Small Groups Tit-for-Tat Coordination Central Planning Exchange and Politics Who is Dismal Now? The Model of Supply and Demand Introduction to Demand More about Demand The Demand Curve Demand Terminology Supply: Benefits and Costs The Supply Curve Supply Terminology The Model of Supply and Demand Assumptions Buyer and Seller Equilibrium Shortages and Surpluses (End of Introductory Material Common to Both Micro and Macro)
Elasticity and Revenue Price Elasticity More Price Elasticity Computing Price Elasticity Other Elasticities Revenue and the Demand From Elasticity to Marginal Revenue Rationing and Allocating Price as a Rationer Non-Price Rationing Price Controls Rationing and the Distribution of Income Prices: Incentives and Communication Device Suppressing Market Information Dollar Voting Feedback A Self-Correcting System The Logic of Choice Goals and Benefits Utility Functions Constraints and Costs The Budget Line The Best Option The Maximization Principle The Equimarginal Principle Rational Ignorance Maximizing Behavior Indifference Curves Deriving Demand Quasi-Rationality In-Kind and Cash Transfers Present Value Bond Prices Consumers' Surplus The Paradox of Value Producers' Surplus Producers' and Consumers' Surplus Illustrated The Firm and Its Constraints Circular Flow Dealing with Three Fundamental Tasks The Production Function The Demand Curve for Output Supply of Resources Summary Maximizing Profits Profit Profit, Principals, and Agents Survival Searching for Total Cost Profit-Maximizing Output Profit-Maximizing Input Profit in Real Firms Application of the Theory Efficiency What Is Economic Efficiency? Economic Efficiency in a Nutshell Production Efficiency Exchange Efficiency Product-Mix Efficiency Some Qualifications Information and Risk Why Business Organizations? Command, Competition, and Cooperation Screening and Signaling Risk and Uncertainty Insurance Quality and Price Nasty Auctions Externalities and Property Rights What are Externalities? Free Riders "Free" Resources Externalities and Efficiency Externalities and Transactions Cost A Better Mousetrap? Government and Efficiency Majority Rule and Economic Efficiency Public and Private Interest The Politics of Taxation Efficiency of an Excise Tax (I) Efficiency of an Excise Tax (II) Rent Seeking Fairness Marginal Productivity and Income The Real Wage Tournament Theory Winner Take All What Is Fair? Measuring the Distribution of Income Government Redistribution Government Redistribution II Monopoly and Efficiency What Is Wrong with Monopoly? Theory of Few Sellers Restrictions in the Labor Market Price Discrimination Antitrust Policy Regulation Regulation: The Evidence Transport Costs and Borders Hotelling's Model Monopolistic Competition Free Trade Comparative Advantage Barriers to Trade Optional Sections Glossary Who's Who (Index of Micro Topics) (Short Table of Contents)