Thinking like an economist -- Some common pitfalls for decision makers -- Comparative advantage : the basis for exchange -- Supply and demand : an introduction -- Demand : the benefit side of the market -- Perfectly competitive supply : the cost side of the market -- Efficiency and exchange -- The quest for profit and the invisible hand -- Monopoly and other forms of imperfect competition -- Thinking strategically -- Externalities and property rights -- The economics of information -- Labor markets -- The economics of public policy -- Public goods and taxation -- Income redistribution.