Foundations of Economics, 8th Edition

• M1, 694–695, 871

• M2, 694–695, 738, 871

• Macroeconomic equilibrium, 762, 763

• Macroeconomics, 3

  • classical, 614

  • Keynesian, 614–615, 776, 824

  • monetarist, 615

  • nominal and real values in, 602–603

• Majority rule, 141

• Malthus, Thomas Robert, 650

• Malthusian theory, 650

• Margin, 10

• Marginal analysis, 380–381

• Marginal benefits, 10

  • demand curve and, 144–145

  • marginal costs equal to, 144–145, 154–155

  • of public good, 272–273

  • rational choices and, 11

• Marginal cost, 10, 360

  • average cost and, 361

  • marginal benefits equal to, 144–145, 154–155

  • natural monopolies pricing and, 424–425

  • of public goods, 272

  • short-run cost and, 360

  • supply and, 151

  • zero, 427

• Marginal cost curve, 362, 410–411

• Marginal cost pricing rule, 424–425

• Marginal external benefit, 257

• Marginal ...