Online Textbooks in Intermediate Microeconomics
Online textbook using interactive graphs created by Makler. Twenty-four chapters, each with multiple graphs, are split into six sections: Scarcity and Choice, Consumer Theory, the Theory of the Firm, Competitive Equilibrium, Exchange, and Public Economics. It is possible and allowed to embed the graphs in other sites. As of 2023, this is a work-in-progress, but with a lot of content.
The first edition of this text was published by Cambridge University Press in 2009. The second edition, last updated 2021, is available as a free 765-page PDF download. To accompany the text, the site has a ZIP file of 116 Excel workbooks.
The second (2020) edition of this textbook, originally published 2008 by Cambridge University Press, is freely available. "This book is different from the many other books that attempt to teach microeconomics in three ways:
- It explicitly applies the recipe of the economic approach in every example.
- It uses concrete examples via Microsoft Excel in every application, which enables the reader to manipulate live graphs and learn numerical methods of optimization.
- The majority of the content is in the Excel workbooks which the reader uses to create meaning."
Freely downloadable PDF version of a printed textbook. "The book focuses on the concepts of model and equilibrium. It states models and results precisely, and provides proofs for all results. It uses only elementary mathematics (with almost no calculus), although many of the proofs involve sustained logical arguments. It includes about 150 exercises."
Available in two editions: one uses he/him pronouns throughout; the other uses she/her pronouns.
An Introduction to Investment Theory is an online textbook "designed for use in a four-week teaching module for master's students studying introductory finance", written by William N. Goetzmann of Yale University, School of Management. Eight chapters covering theories of financial investment decision, risk, portfolio selection, asset pricing, arbitrage, capital market efficiency. Assumes some basic statistical knowledge, but presentation mostly uses diagrams and simple algebra. This link goes to the Internet Archive's copy of the site.
This is a 234-page textbook written by a graduate student. It is available as a single 1Meg PDF file. A separate version with far less maths is also available. The text is in four sections: "One: The Optimising Individual", "One v. One, One v. Many", "Many v. Many" and "The Role of Government".
This is a complete textbook covering intermediate microeconomics, released online under a Creative Commons license and downloadable as a 352-page PDF file. Chapter titles are "What is Economics?" "Supply and Demand", "The US Economy", "Producer Theory", "Consumer Theory", "Market Imperfections" and "Strategic Behaviour". This text contains a number of topics and case studies not covered in other texts, for details of which see the home page.
Network Economics is an introductory text by Anna Nagurney of the Isenberg School of Management, University of Massachusetts. It includes notes and reading list on economics of networks, mostly as text and basic diagrams. Includes cost and distance optimisation problems, congestion (including Braess's Paradox) and applications of networks to economics.
This is the complete text (24 chapters) of an intermediate microeconomics textbook, with many graphics. The first edition was published in 1986, with additional chapters added in 1990. Main sections include "Competitive Equilibrium in a Simple Economy", "Complications, or Onward to Reality", "Judging Outcomes" and "Applications, Conventional and Un-". Each chapter includes questions at the end.
