PART 1 INTRODUCTION CHAPTER 1 TEN PRINCIPLES OF ECONOMICS CHAPTER 2 THINKING LIKE AN ECONOMIST CHAPTER 3 INTERDEPENDENCE AND THE GAINS FROM TRADE PART 2 SUPPLY AND DEMANDI:HOW MARKETS WORK CHAPTER 4 THE MARKET FORCES OF SUPPLY AND DEMAND CHAPTER 5 ELASTICITY AND ITS APPLICATION CHAPTER 6 SUPPLY, DEMAND, AND GOVERNMENT POLICIES PART 3 SUPPLY AND DEMANDII:MARKETS AND WELFARE CHAPTER 7 CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS CHAPTER 8 APPLICATION: THE COSTS OF TAXATION CHAPTER 9 APPLICATION: INTERNATIONAL TRADE PART 4 THE ECONOMICS OF THE PUBLIC SECTOR CHAPTER 10 EXTERNALITIES CHAPTER 11 PUBLIC GOODS AND COMMON RESOURCES CHAPTER 12 THE DESIGN OF THE TAX SYSTEM PART 5 FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY CHAPTER 13 THE COSTS OF PRODUCTION CHAPTER 14 FIRMS IN COMPETITIVE MARKETS CHAPTER 17 MONOPOLISTIC COMPETITION PART 6 THE ECONOMICS OF LABOR MARKETS CHAPTER 18 THE MARKETS FOR THE FACTORS OF PRODUCTION CHAPTER 19 EARNINGS AND DISCRIMINATION CHAPTER 20 INCOME INEQUALITY AND POVERTY CHAPTER 21 THE THEORY OF CONSUMER CHOICE CHAPTER 22 FRONTIERS OF MICROECONOMICS People Are Inconsistent over Time Conclusion Summary Key Concepts Questions for Review Problems and Applications Glossary