Microeconomics

An Introduction to Economics.Part I: ECONOMICS: THE SCIENCE OF SCARCITY.1. What Economics Is About.Appendix A: Working with Diagrams.Appendix B: Should You Major in Economics?2. Production Possibilities Frontier Framework.3. Supply and Demand: Theory.4. Prices: Free, Controlled, and Relative.5. Supply, Demand, and Price: Applications.Microeconomics.Part II: MICROECONOMIC FUNDAMENTALS.6. Elasticity.7. Consumer Choice: Maximizing Utility and Behavioral Economics.Appendix C: Budget Constraint and Indifference Curve Analysis.8. Production and Costs.Part III: PRODUCT MARKETS AND POLICIES.9. Perfect Competition.10. Monopoly.11. Monopolistic Competition, Oligopoly, and Game Theory.12. Government and Product Markets: Antitrust and Regulation.Part IV: FACTOR MARKETS AND RELATED ISSUES.13. Factor Markets: With Emphasis on the Labor Market.14. Wages, Unions, and Labor.15. The Distribution of Income and Poverty.16. Interest, Rent, and Profit.Part V: HEALTH ECONOMICS.17. Health Economics: Experiments, Disparities, and Prices.Part VI: MARKET FAILURE, PUBLIC CHOICE, AND SPECIAL-INTEREST-GROUP POLITICS.18. Market Failure: Externalities, Public Goods, and Asymmetric Information.19. Public Choice and Special-Interest-Group Politics.20. Creative Destruction and Crony Capitalism: Two Forces on the Economic Landscape Today.Part VII: ECONOMIC THEORIES AND RESEARCH.21. New Frontiers in Economic Research: Causal Inference and Machine Learning.Part VIII: INTERNATIONAL TRADE AND FINANCE.22. International Trade.23. International Finance.

Dr. Roger Arnold is at California State University San Marcos, where his fields of specialization are general microeconomic theory and monetary theory. Dr. Arnold earned his B.S. in economics from the University of Birmingham in England. He received his Ph.D. in economics from Virginia Tech. Dr. Daniel Arnold is a research economist in the School of Public Health at University of California, Berkeley, where his field of specialization is health economics. He is also research director of the Nicholas C. Petris Center on Health Care Markets and Consumer Welfare. He received his B.A. in economics and mathematics from Cornell University. He received his Ph.D. in economics from University of California, Santa Barbara. Dr. David Arnold is at University of California, San Diego, where his fields of specialization are labor economics, imperfect competition, and discrimination. He received his B.A. in economics from University of California, Berkeley. He received his Ph.D. in economics from Princeton University.