Introduction markets and price
Preliminaries
Basics of supply and demand
Producers, consumers, and competitive markets
Consumer behavior
Individual and market demand
Uncertainty and consumer behavior
Production
The cost of production
Profit maximization
The analysis of competitive markets
Market structure and competitive strategy
Market power
Pricing with market power
Monopolistic competition and oligopoly
Game theory and competitive strategy
Market for factor inputs
Investment, time, and capital markets
Information, market failure, and the role of government
General equilibrium and economic efficiency
Markets with assymetric information
Externalities and public goods
Behavioral economics
Glossary
Answers
Photo credits
Index.