Microeconomics(8th edition)

Challenge:

Demand:

Effects of Government Interventions:

Market Equilibrium:

Shocking the Equilibrium:

Supply:

Challenge:

Effects of a Sales Tax:

How Shapes of Supply and Demand Curves Matter:

Sensitivity of the Quantity Demanded to Price:

Sensitivity of the Quantity Supplied to Price:

Budget Constraint:

Constrained Consumer Choice:

Utility:

Challenge:

Cost-of-Living Adjustments:

Deriving Demand Curves:

Deriving Labor Supply Curves:

Effects of a Price Change:

How Changes in Income Shift Demand Curves:

Challenge:

Long-Run Production:

Productivity and Technical Change:

Short-Run Production:

Long-Run Costs:

Short-Run Production:

The Nature of Costs:

Competition in the Long Run:

Competition in the Short Run:

Perfect Competition:

Challenge:

Comparing Both Types of Policies: Imports:

Policies That Create a Wedge Between Supply and De:

Producer Welfare:

Zero Profit for Competitive Firms in the Long Run:

Challenge:

General Equilibrium:

Production and Trading:

Government Actions That Reduce Market Power:

Market Failure Due to Monopoly Pricing:

Market Power:

Monopoly Profit Maximization:

Advertising:

Conditions for Price Discrimination:

Group Price Discrimination:

Nonlinear Pricing:

Perfect Price Discrimination:

Tie-In Sales:

Two-Part Pricing:

Bertrand Oligopoly:

Cartels:

Challenge:

Cournot Oligopoly:

Monopolistic Competition:

Stackelberg Oligopoly:

Challenge:

Sequential Dynamic Games:

Static Games:

Challenge:

Competitive Factor Market:

Effects of Monopolies on Factor Markets:

Monopsony:

Capital Markets, Interest Rates, and Investments:

Choices over Time:

Comparing Money Today to Money in the Future:

Exhaustible Resources:

Assessing Risk:

Attitudes Toward Risk:

Investing Under Uncertainty:

Allocating Property Rights to Reduce Externalities:

Externalities:

Regulating Externalities:

Rivalry and Exclusion:

The Inefficiency of Competition with Externalities:

Adverse Selection:

Challenge:

Market Power from Price Ignorance:

Price Discrimination Due to False Beliefs About Qu:

Problems Arising from Ignorance When Hiring:

Reducing Adverse Selection:

Checks on Principals:

Contract Choice:

Monitoring to Reduce Moral Hazard:

The Principal-Agent Problem:

Using Contracts to Reduce Moral Hazard: