Dominick Salvatore Schaums Outline of Microeconomics, 4th edition Schaums Outline Series 2006

INDEX
The letter p following a page number refers to a solved problem.
Absolute price 329p
Adverse selection 337, 338, 342–344p
Asymmetric information 337, 338, 342–344p
Advertising:
and monopolistic competition 248–249p
and monopoly 258–259p
and oligopoly 243
Agricultural programs 36–37p, 60–61p
Alternative cost doctrine 155p
Antitrust laws 220–221p, 242, 257p
Arc elasticity of demand 40–41, 45, 47–48p
(See also Elasticity of demand)
Assumptions in theory 1, 5p
Average cost 147–151, 158–166p
Average product 118–120, 126, 127–132p
Barriers to entry 220–221p, 244
Bertrand model 240, 244, 250–251p
Best level of output 186–187, 198–200p, 204p,
213–215, 223–224p, 238–239
Bilateral monopoly 289, 306–308p
Break-even point 188–189, 192, 198–200p
Budget line 67, 71, 80–81p
Capital 1, 6p, 8p, 15
Capital-using technical progress 153, 176–177p
Cardinal utility 79p
Cartels 242–243, 244, 255–256p
Centralized cartel model 242, 255–256p
Chamberlin model 241, 244, 253–255p
Characteristic 106–107, 115–116p
Circular flow 1, 8p
Cobb-Douglas production function 152, 153, 173–176p
Coinsurance 337–338, 345p
Collusion 242–243, 253–258p
Comparative statics 2, 3, 11p
Complements 15, 25–26p, 47p, 56p, 80p
Consistency 103
Constant cost industries 190, 192, 205–206p, 210p
Constant returns to scale 125, 126, 131p, 143p,
163–164p, 210p
Consumer:
behavior and demand 62–66, 75–78p, 80–87p
constraint 62–64, 67, 76–77p, 80–81p
equilibrium 63–64, 67, 76–77p, 82–84p
price index 104, 108, 113–114p
tastes and preferences 64, 73–76p, 79p
Consumer’s surplus 234p
Contestable-market theory 262–263, 265,
267–268p
Contract curve:
in consumption 86–89p, 312, 319, 323–324p,
330–331p
in production 314, 320, 323–325p, 330–332p
Corner solution 83–84p
Cost curves, long-run:
average 149–151, 162–165p
marginal 151, 164–166p
relation to production functions 170–171p
total 152, 166–168p
Cost curves, short-run:
average 147–149, 153, 157–158p
average fixed 147–148, 153, 157–158p
average variable 147–149, 153, 157–158p,
158–163p
derivation 147–148
marginal 146–149, 154, 157–162p
relation to long-run 149–152, 162–163p,
166–167p
relation to production functions 168–171p
total 146, 154, 156p, 166–168p
total fixed 146, 154, 156p
total variable 146, 154, 156p
Cost-plus pricing 264, 265, 270p
Cost of production:
alternative cost doctrine 155p
explicit 146, 155–157p
implicit 146, 155–157p
(See also Cost curves)
Cournot model 240, 244, 250–251p
Cross elasticity of demand 43, 45, 55–56p
(See also Elasticity of demand)
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