Microeconomics >canadian<

MICROECONOMICS: I. WHAT IS ECONOMICS? 1. Economic Issues and Concepts. The Complexity of the Modern Economy. Scarce Resources. Who Makes the Choices and How? Is There an Alternative to the Market Economy? 2. How Economists Work. Positive and Normative Advice. Economic Theories. Testing Theories. Economic Data. Graphing Economic Theories. II. AN INTRODUCTION TO DEMAND AND SUPPLY. 3. Demand, Supply, and Price. Demand. Supply. The Determination of Price. 4. Elasticity. Price Elasticity of Demand. Price Elasticity of Supply. An Important Example Where Elasticity Matters. Other Demand Elasticities. Appendix to Chapter 4: More Details About Demand Elasticity. 5. Markets in Action. The Interaction Among Markets. Government-Controlled Prices. Rent Controls: A Case Study of Price Ceilings. Agriculture and the Farm Problem. III. CONSUMERS AND PRODUCERS. 6. Consumer Behaviour. Marginal Utility and Consumer Choice. Income and Subsitution Effects of Price Changes. Consumer Surplus. Appendix to Chapter 6: Indifference Curves. 7. Producers in the Short Run. What Are Firms? Production, Costs, and Profits. Production in the Short Run. Costs in the Short Run. Appendix to Chapter 7: Do Firms Really Maximize Profits? 8. Producers in the Long Run. The Long Run: No Fixed Factors. The Very Long Run: Changes in Technology. Appendix to Chapter 8: Isoquant Analysis. IV. MARKET STRUCTURE AND EFFICIENCY. 9. Competitive Markets. Market Structure and Firm Behaviour. The Theory of Perfect Competition. Short-Run Decisions. Long-Run Decisions. 10. Monopoly. A Single-Price Monopolist. Cartels as Monopolies. Price Discrimination. 11. Imperfect Competition and Strategic Behaviour.

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