American Production Data

Inputs, Production, Outputs, and Consumption Form the Circular Flow of Economic Life

Wages Have Improved as Hours of Work Have Declined

The Share of Labor in National Income

Concentration Ratios Are Quantitative Measures of Market Power

McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved

McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved

Monopolistic Competition Oligopoly Price Competition Competition Versus Collusion:he Prisoners' Dilemma

Capturing Consumer Surplus Price Discrimination Intertemporal Price Discrimination and Peak-Load Pricing

Topics to be Discussed The Themes of Microeconomics What Is Market? Real Versus Nominal Prices Why Study Microeconomics?