Part I: Individual Choice 1: On the concept of "rationality" in economics 2: Choice objects and choice opportunities 3: Preference 4: So-called utility function 5: Choice and demand 6: Demand analysis 7: Willingness to pay and consumer surplus 8: Intertemporal choice 9: Choice under risk 10: Revealed preference Part II: Perfectly Competitive and Complete Market with Complete Information 11: Perfectly competitive and complete market with complete information 12: Competitive equilibrium in exchange economies 13: Eciency of competitive allocation 14: Production technology 15: ProFit maximization and cost minimization 16: Cost curve and competitive supply 17: Competitive equilibrium in production economies 18: Partial equilibrium analysis Part III: Imperfect competition and game theory 19: Monopoly 20: Basic game theory I: normal-form games 21: Basic game theory II: extensive-form games 22: Oligopoly Part IV: Economic Analysis with Incomplete Information 23: Basic game theory III: games with incomplete information 24: Auction 25: Trade with incomplete information Part V: Market Failure and Normative Economic Analysis 26: Externality 27: Public goods and the free-rider problem 28: Indivisibility and heterogeneity 29: Eciency, welfare comparison and fairness 30: Aggregation of preferences and social choice 31: Implementability of social choice objectives Postscripts Solutions to the exercises.