pt. 1. Introduction -- ch. 1. Economics : foundations and models -- ch. 1 appendix. Using graphs and formulas -- ch. 2. Trade-offs, comparative advantage, and the market system -- ch. 3. Where prices come from : the interaction of demand and supply -- ch. 4. Economic efficiency, government price setting, and taxes -- ch. 4 appendix. Quantitative demand and supply analysis -- pt. 2. Markets in action -- ch. 5. Externalities, environmental policy, and public goods -- ch. 6. Elasticity : the responsiveness of demand and supply -- pt. 3. Firms in the domestic and international economics -- ch 7. Firms, the stock market, and corporate governance -- ch. 7 appendix. Tools to analyze firms' financial information -- ch. 8. Comparative advantage and the gains from international trade -- ch. 8 appendix. Multinational firms

pt. 4. Microeconomic foundations : consumers and firms -- ch. 9. Consumer choice and behavioral economics -- ch. 9 appendix. Using indifference curves and budget lines to understand consumer behavior -- ch. 10. Technology, production, and costs -- ch. 10 appendix. Using isoquants and isocosts to understand production and cost -- pt. 5. market structure and firm strategy -- ch. 11. Firms in perfectly competitive markets -- ch. 12. Monopolistic competition : the competitive model in a more realistic setting -- ch 13. Oligopoly : firms in less competitive markets -- ch. 14. Monopoly and antitrust policy -- ch. 15. Pricing strategy

pt. 6. Markets for factors of production -- ch. 16. The markets for labor and other factors of production -- pt. 7. Information, taxes, and the distribution of income -- ch. 17. The economics of information -- ch. 18. The tax system and the distribution of income -- glossary -- Company index -- Subject index -- Credits