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1Introduction to Microeconomics
The Production Possibilities Frontier
Market Demand, Supply, and Equilibrium
Market Efficiency and Failures
Under the Microscope—What is the Effect of Detailed Notice Pleading?
Under the Microscope—The Effects of Aggressive Summary Judgment
Proximate and Actual Causation
Game on—Considering Negligence in Terms of the Prisoner’s Dilemma
Abnormally Dangerous Activities
Interference with Economic Relations
First Amendment Limitations on Tort Recovery
Game on!—Contract Performance as a Sequential Turn Game
Game on!—Contract Formation as a Coordination Game
Under the Microscope—Determining Duress by Threat
Under the Microscope—Operating Under Imperfect Information
Under the Microscope—How does Probability Affect Price?
Getting Real—How do you Settle a Liquidated Debt for Less than its Full Value?
Some Contracts are Enforceable without Consideration
Under the Microscope—the Non-compete Clause
Game on—The Sale of Goods Subgames
Warranties in Sale of Goods Contracts
Under the Microscope—Which Privity Theory is Correct?
Under the Microscope—The Coase Theorem
Getting Real—How to Sort Through Property Classification
The Purchase Money Security Interest
Under the Macroscope—The Quantity Theory of Money
Agency Formation and Termination
Long Live Ronald Coase: The Nature of the Firm
Liability in Torts and Contracts
Duties between Principal and Agent
Under the Microscope: The Principal-agent Problem
Tax Concerns for the Sole Proprietor
Tax Concerns for the General Partnership
Tax Concerns for the Limited Partnership
Tax Concerns for the Corporation
Appendix A: Answers to Case Problems
Chapter 1: Introduction to Microeconomics
Chapter 4: Common Law Contracts