Contents

1. Measuring Inequality
   1. Introduction
   2. Rich/poor ratio
   3. Transfer principle
   4. Income neutrality
   5. Population neutrality
   6. Lorenz curves
   7. Country Lorenz
   8. Gini coefficient
   9. Country Gini
   10. Conclusion
2. Specialization and Trade
   1. Introduction
   2. The Ricardian model
   3. Comparative advantage
   4. Self-sufficiency
   5. Complete specialization
   6. Incomplete specialization
   7. Trade
   8. Consumption
   9. Conclusion
3. Technology and Costs
   1. Introduction
   2. Visualizing technologies
   3. Dominated technologies
   4. Total cost
   5. Isocost lines
   6. Optimal technology
   7. Conclusion
4. Intertemporal Choice
   1. Introduction
   2. Lending and borrowing constraints
   3. Intertemporal choice
   4. Borrowing and lending rates
   5. Consumption smoothing
   6. Conclusion
5. Measuring Output, Inflation, and Growth Coming soon
6. Aggregate Production and Fiscal Policy Coming soon
7. Balance Sheets and Trading Coming soon