Copyright 2008 The McGraw-Hill Companies 1-1 Chapter Objectives Economic Perspective Theories Principles and Models Macro and Microeconomics Individuals.
Copyright 2008 The McGraw-Hill Companies 17-1 Classical Economics and Keynes Causes of Macro Instability Does the Economy Self- Correct? Rules or Discretion.
Copyright 2011The McGraw-Hill Companies 10-1 Labour Wages and Earnings Real Wages and Productivity Purely Competitive labour Market Monopsony Model Three.
Copyright 2008 The McGraw-Hill Companies 20-1 Economic Costs Profits Compared Short-Run Production Relationships Law of Diminishing Returns Short-Run Production.
Copyright 2008 The McGraw-Hill Companies 21-1 Four Market Models Pure Competition Profit Maximization in the Short-Run Marginal Cost and Short-Run Supply.
Copyright 2008 The McGraw-Hill Companies 23-1 Monopolistic Competition Monopolistic Competition and Efficiency Oligopoly Game Theory Three Oligopoly Models.
Copyright 2008 The McGraw-Hill Companies 22-1 Characteristics Barriers to Entry Monopoly Demand Price and Marginal Revenue Marginal Revenue and Costs Profit.
Copyright 2008 The McGraw-Hill Companies 18-1 Price Elasticity of Demand Total Revenue Test Elasticity on a Linear Demand Curve Price Elasticity and the.
Copyright 2008 The McGraw-Hill Companies 30-1 Antitrust Policy Policy Issues and Impacts Effectiveness of Antitrust Laws Industrial Regulations Social.
Copyright 2008 The McGraw-Hill Companies 25-1 Significance of Resource Pricing Marginal Productivity Theory of Resource Demand MRP as Resource Demand Market.
Copyright 2008 The McGraw-Hill Companies 29-1 Public Choice Theory Government Failure Apportioning the Tax Burden Tax Incidence Incidence of U.S. Taxes.
Copyright 2008 The McGraw-Hill Companies 12-1 Invention- Innovation- Diffusion R&D Expenditures Role of Entrepreneurs Firm’s Optimal R&D Amount Increased.
