PART I Introduction
1 Ten Principles of Economics
2 Thinking Like an Economist
3 Interdependence and the Gains from Trade

PART II How Markets Work
4 The Market Forces of Supply and Demand
5 Elasticity and Its Application
6 Supply, Demand, and Government Policies

PART III Markets and Welfare
7 Consumers, Producers, and the Efficiency of Markets
8 Application: The Costs of Taxation
9 Application: International Trade

1 Ten Principles of Economics

p 32, household face หลายๆ decision
– household member allocate scare resouce – time , dessert , car mileage
p 33 ,

2 Thinking Like an Economist

3 Interdependence and the Gains from Trade

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