Principles of Microeconomics

Part IIntroduction
Chapter 1Thinking Like an Economist
Chapter 2Comparative Advantage
Chapter 3Supply and Demand
Part IICompetition and the Invisible Hand
Chapter 4Demand and Elasticity
Chapter 5Perfectly Competitive Supply
Chapter 6Efficiency, Exchange, and the Invisible Hand in Action
Part IIIMarket Imperfections
Chapter 7Monopoly, Oligopoly, and Monopolistic Competition
Chapter 8Games and Strategic Behavior
Chapter 9Externalities and Property Rights
Part IVEconomics of Public Policy
Chapter 10Using Economics to Make Better Policy Decisions

Frank, Robert
Robert H. Frank received his M.A. in statistics from the University of California at Berkeley in 1971, and his Ph.D. in economics in 1972, also from U.C. Berkeley. He is the Goldwin Smith Professor of Economics at Cornell University, where he has taught since 1972 and where he currently holds a joint appointment in the department of economics and the Johnson Graduate School of Management. He has published on a variety of subjects, including price and wage discrimination, public utility pricing, the measurement of unemployment spell lengths, and the distributional consequences of direct foreign investment. For the past several years, his research has focused on rivalry and cooperation in economic and social behaviour.

Bernanke, Ben
Professor Bernanke received his B.A. in Economics from Harvard University in 1975 and his Ph.D. in economics from MIT in 1979. He taught at the Stanford Graduate School of Business from 1979 to 1985 and moved to Princeton University in 1985, where he was named the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs, where he served as Chairman of the Economics Department. He is a fellow of the American Academy of Arts and Sciences and the Econometrics Society. He was named a member of the Board of Governors of the Federal Reserve in 2002 and became the chairman of the President's council of Economic Advisers in 2005. In 2006 Ben Bernanke was selected to be the Chairman of the Federal Reserve Board.Professor Bernanke's intermediate textbook, with Andrew Abel, Macroeconomics, Fifth Edition (Addison-Wesley, 2004) is a best seller in its field. He has authored more than 50 scholarly publications in macroeconomics, macroeconomic history, and finance. He has done significant research on the causes of the Great Depression, the role of financial markets and institutions in the business cycle, and measuring the effects of monetary policy on the economy. His two most recent books, both published by