• M1, 694695, 871

  • M2, 694695, 738, 871

  • Macroeconomic equilibrium, 762, 763

  • Macroeconomics, 3

  • Majority rule, 141

  • Malthus, Thomas Robert, 650

  • Malthusian theory, 650

  • Margin, 10

  • Marginal analysis, 380381

  • Marginal benefits, 10

  • Marginal cost, 10, 360

    • average cost and, 361

    • marginal benefits equal to, 144145, 154155

    • natural monopolies pricing and, 424425

    • of public goods, 272

    • short-run cost and, 360

    • supply and, 151

    • zero, 427

  • Marginal cost curve, 362, 410411

  • Marginal cost pricing rule, 424425

  • Marginal external benefit, 257

  • Marginal ...

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