CyberEconomics: An Alternative Table of Contents (Micro Part) (under development) Extra-Features Menu Main Table of Contents   Web ingrimayne.com Because most topics in economics are connected to several other topics very directly and many others indirectly, there is no one correct way in which to organize the material. CyberEconomics has an untraditional organization and for those who are trying to use it as a supplement to a normal textbook, that can cause many problems. The page contains an alternative table of contents that is closer to the standard table of contents that might be of use to those who have problems with the main organization. The problem with using this table of contents is that once you have jumped to a page, the navigation may not be at all like what is shown in this alternative table of contents. Hence, after you have finished the page, you will need to use the back button in your browser to return to the alternative table of contents (this page) to get to the next page. I am not sure where this developing this alternative will lead. Only time will tell. Part I: Introduction What is Economics? Definitions of Economics Scarcity and Choice Utopias What is a Science Positive and Normative Unintended Consequences How to Study Economics Appendix
Comparative Advantage and Trade Production Possibilities Exchange and Consumption Free Trade Comparative Advantage Barriers to Trade 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
Elasticity and Revenue Price Elasticity More Price Elasticity Computing Price Elasticity Other Elasticities, Revenue and the Demand From Elasticity to Marginal Revenue Part 2 The Rational Consumer Consumer Choice Self-Interest Small Groups Goals and Benefits Utility Functions Constraints and Costs The Budget Line The Best Option The Maximization Principle The Equimarginal Principle Maximizing Utility Indifference Curves Deriving Demand Rational Ignorance Quasi-Rationality In-Kind and Cash Transfers Present Value Bond Prices  Part 3: The Firm How to Maximize Profit Profit Survival Circular Flow Dealing with Three Fundamental Tasks The Demand Curve for Output The Production Function Searching for Total Cost Profit-Maximizing Output Perfect Competition and Efficiency What Is Economic Efficiency? Economic Efficiency in a Nutshell Consumers' Surplus The Paradox of Value Producers' Surplus Producers' and Consumers' Surplus Illustrated Efficiency and Markets 1 Efficiency and Markets 2 The World of Perfect Competition Price as a Rationer Non-Price Rationing Prices: Incentives and Communication Device Price Controls Coordination Central Planning Suppressing Market Information Dollar Voting Feedback A Self-Correcting System The Inefficiency of Monopoly What Is Wrong with Monopoly Restrictions in the Labor Market Price Discrimination Antitrust Policy Regulation Regulation: The Evidence More Imperfect Competition Prisoner's Dilemma More Prisoner's Dilemma Theory of Few Sellers Hotelling's Model Monopolistic Competition Part 4: What Role Government? Externalities and Property Rights By-products The Commons "Free" Resources More about "Free" Resources Free Riders A Better Mousetrap? Distribution of Income Rationing and the Distribution of Income Measuring the Distribution of Income Supply of Resources Profit-Maximizing Input Marginal Productivity and Income Tournament Theory Winner Take All Markets What Is Fair? Information and Risk Why Business Organizations? Screening and Signaling Risk and Uncertainty Insurance Quality and Price Some Qualifications Nasty Auctions Government and Efficiency Exchange and Politics 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) Government Redistribution Government Redistribution II Rent Seeking Not Used Tit-for-Tat Musical Chairs Contingent Behavior More Contingent Behavior Summary Profit in Real Firms Application of the Theory Production Efficiency Exchange Efficiency Product-Mix Efficiency Extra-Features Menu Main Table of Contents