Text and Notes in Principles of Microeconomics
A series of long, structured explanatory essays on topical aspects of economics, including student questions and exercises as well as references to the CORE textbooks. Recent topics include public debt, inequality, and the reforms that have taken place since the global financial crisis.
Free online course with six hours of material, with materials downloadable in a variety of formats. This module looks at the production of t-shirts as an example of a supply chain, considering how value is added and how countries benefit to different extents.
Dating from 2020, this is a fifteen-chapter free online textbook in PDF format, intended for a one-semester course in microeconomic theory. It is Canadian in origin, but the examples are international. It is an edited/ adapted version of the authors' Microeconomics: Markets, Methods, and Models.
"An understanding of individual optimizing behaviour is developed, and this behaviour is in turn used to link household decisions on savings with firms' decisions on production, expansion and investment. The text then explores behaviour in a variety of different market structures. The role of the government is examined, and the key elements in the modern theory of international trade are developed."
The Carbon Tax Center provides an explanation and justification of the carbon tax proposal, which includes useful detail on the general working of Pigovian and 'green' taxes with greenhouse gas emissions as a topical application. The site includes a presentational slide show and short non-technical papers (with supporting links) comparing the tax with market-based (tradable-quota) alternatives, giving evidence for its demand-reducing effects and explaining how its adverse distributional effects could be addressed. Offers subscription to email newsletter.
This is a set of hyperlinked mindmaps, including textual notes, images and hyperlinks, starting with Economic Environment of business. Reading the files requires the free MindManager viewer software, which is available for a variety of platforms. Previews of a couple of mind maps are available as PDFs, with reduced functionality.
This is a short guide for beginning students to five different kinds of elasticity: Price Elasticity of Demand, Price Elasticity of Supply, Income Elasticity of Demand, Cross Price Elasticity of Demand and Arc Elasticity. Links to the individual pages are to the right of the main article.
An open online textbook, divided into 38 chapters, drawn from various open educational sources including MIT Open CourseWare and Wikipedia, and curated by "subject matter experts, like professors, PhDs and Master’s students." One section deals with controversies in economics (with a US focus), such as "should the Government maintain a balanced budget?" Development of the textbook stopped in 2017 and the book was archived in this version.
This is a 20-chapter textbook for principles level, which can be read for free online, printed out or bought as a paper book. It can also be customised with the site's "Make It Your Own" feature. An appendix gives a basic introduction to graphs and their use in economics. The site also has many digital supplements that are available to verified educators. This version was published in May 2017.
An introduction to microeconomics in the form of 114 cartoon-style video lessons, averaging 8 minutes long, divided into ten chapters. Watching the videos, reading the full text transcripts, or taking the self-test multi-choice quizzes, requires registration on the site. The authors are named in each section.
This is a 2016 adaptation of the authors' textbook Microeconomics: Markets, Methods, and Models which removes calculus and uses equations only sparingly. It is available in this online version or as a single downloadable PDF.
The Economics Briefs document of The Economist's site includes short introductions to six ideas: Akerlof's Market for Lemons, Minsky's Financial Cycle, the Stolper-Samelson Theorem, the Keynesian Multiplier, the Nash equilibrium, and the Mundell-Fleming Trilemma.
Marsh is a Professor of Public Policy. These documents are collections of topical opinion pieces from his blog and can be viewed online or downloaded as PDF. Topics include "Is a little Economics dangerous?", "Economics after the Crash", "Economics and Policy", and "The Problem of Housing Supply."
This is a blog, running from 2012 to 2015, in which Prof. Arvan answers questions from students about Microeconomics (Principles or Intermediate). Posts are organised by date and by topic.
This is a free and open set of course materials released by the Saylor Foundation, an educational charity, under a CC-BY licence, having been reviewed by three subject-matter experts. It is based on other free resources including Khan Academy videos and the free textbook "Principles of Microeconomics" by Rittenberg and Tregarthen. The material is arranged into seven units: "Introduction to Economics: What Is It?", "Supply and Demand", "Markets and Individual Maximizing Behavior", "The Consumer", "The Producer", "Market Structure: Competitive and Non-competitive Markets", and"Resource Markets".
This textbook is both freely available and extensively peer-reviewed. With 22 chapters, it aims to cover a one-semester course. It claims "a balanced approach to economics and to the theory and application of economics concepts." Originally published in March 2014, it has had some updates since. Its US origin is reflected in the choice of examples. It can be freely downloaded or viewed in a variety of formats, and an interactive version is available through the Apple iBookstore. A test bank, set of PowerPoint slides, and solutions booklet are available to lecturers on request.
Economystified was a blog, updated weekly from December 2010 to the Summer of 2014. Each post discusses an economic issue, an economist, or a principle of economic theory, aimed at a lay audience.
Free introductory online textbook with embedded Prezi slide shows and YouTube videos as well as self-test quizzes. It is organised into ten units, from "Fundamental concepts" to "International Trade". The entire book can be downloaded as a 186-page PDF.
A 31-chapter principles textbook that focuses on real-world examples and introduces each theory point by first discussing an application. It can be downloaded& as a single PDF file or viewed online. It was published in 2012 by the Saylor Foundation, an educational charity.
A complete online course, adapted from a course delivered on-campus at MIT in the Spring of 2011. It includes a set of lecture videos, assigned readings, problem sets with the solutions explained in videos, and an exam. The course assumes a high-school knowledge of calculus and covers the principles of consumer behaviour, firm behaviour, market structure and policy relevance.
This on-line introductory text by Roger Schenk includes both micro- and macro- sections, with about a dozen chapters in each. The text has its own glossary and Who's Who and is available as a CD-ROM. A separate index holds text that has been removed from the main content of the book for flow or because it was too technical.
This set of downloadable textbooks is aimed at UK economics students. They include introductory topics such as the basics of international economics, the neo-classical growth model, econometrics and micro/macro analysis. They range in size from about 20 pages to 150 pages. Users are required to fill in brief personal details before they can download the PDF files of the full text of the books. The free versions have embedded adverts. Ad-free versions are available with a paid subscription.
This is a 167-page introductory textbook written by a graduate student. It is available as a single PDF file, or by section. A separate maths-heavy version (Quantum Microeconomics with Calculus) is also available.
This is an electronic textbook in progress, amounting to fifteen chapters as of January 2008. It is split into two parts - "Alternative Microeconomics" and "Basic Microeconomics: an outline". Each chapter is available as a PDF download. This is the Archive.org copy of the site.
These three sets of worksheets were produced by an Economics Network mini-project. Each consists of a three documents in .doc format. A four-side student handout includes the case study and questions. The other documents are a sheet of answer guidelines and a four-side teaching guide. The topics are "Supermarkets under scrutiny", "Argos/Littlewoods Price fixing Agreement" and "Football shirts: A case of Unfair Competition" Permission is given for unrestricted educational use and alteration.
These are the outputs of a mini-project funded by the Economics Network, in which the first-year students at Ulster were given a minimum of lectures, with most teaching time given to Problem-Based Learning. Seven worksheets for PBL tasks are archived on this page, along with a guide sheet for teaching assistants on how to run a PBL meeting and an advice handout to students on How To Keep a Personal Development Report. The final report from the project is also available. The course was based on the Begg textbook, to which the worksheets refer.
10 lectures by US economists downloadable as streamed video or MP3 audio presentations, with accompanying PowerPoint slides and related papers that pursue the issues in more depth. Two lectures are on growth (Dean Baker, Mark Weisbrot), others on US labour markets (John Schmitt), women in the labour market (Heather Boushey), trade (Mark Weisbrot), intergenerational mobility and life chances (Heather Boushey), the Federal Reserve, asset bubbles and intellectual property (all Dean Baker). The lectures are US-focused and reflect the sometimes market-critical perspective of the Center for Economic Policy and Research, a think-tank founded by Baker and Weisbrot in 1999 with an advisory board including Joseph Stiglitz and Robert Solow (not to be confused with the UK-based Centre for Economic Policy Research).
EconPort is a microeconomics digital library funded by the USA's National Science Foundation. This is their online microeconomics textbook with links to relevant software, resources in addition to text. Content under each broad topic is divided into short beginner's introductions to specific concepts, advanced material, commentary on experiments, and links.
This course web page is a list of files for exams and handouts. The exams are from 2001 to 2003 and are in .pdf format. The handouts are in .pdf and PowerPoint formats. It supports a course on microeconomics as taught by Todd Kaplan of the University of Exeter.
Definitions and short explanations of a variety of microeconomic terms and principles, including some graphs. This site has been created to support revision of AS-level Economics. The link is to the Archive.org copy of the site.
Definitions and short explanations of a variety of Market Failure-related terms and principles, including some graphs. This site has been created to support revision of AS-level Economics. This link is to Archive.org's copy of the site.
This course website includes exams (with solutions) and lecture notes, both in .pdf format. It supports a course on Economic Theory 101 as taught by Stefano DellaVigna of University of California, Berkeley, in 2004.
This is an index to a few dozen short articles for students and lay readers written by Moffat since 2002. Most are answers to questions submitted by students, such as "What Is The Demand For Money?" or "Do Changes in Stock Prices Cause Recessions?"
This course on Microeconomics covers individuals, firms, markets, and industries, including the topics of consumer demand, production, cost, market structures, and factor markets. Included are 20 lessons on microeconomic basics, broken up into small chunks of text. The AmosWorld site also includes a glossary and an online testing system, to which this material is linked.
A complete book of nearly 900 pages, dating from 1993, with contributions from authors including Thomas Sargent, Joseph Stiglitz, Thomas Schelling, Paul Krugman, and N. Greg Mankiw. The structure covers basic topics, areas of application and ends with some short biographies of economists.
A collection of short, accessible articles introducing economic concepts including economic efficiency, tariffs, arc elasticity, externalities, and efficiency wages. Authors include Jodi Beggs (Northeastern University) and Mike Moffat (Richard Ivey School of Business).
This is an open online course, including text, interactive graphs, assignments and discussion topics, video clips, and interactive questions, based on the OpenStax Principles of Economics textbook and refined after testing in some US universities and community colleges in 2017. It uses media from around the web, including some economics educators' YouTube channels. There are dedicated pages for lecturer Powerpoints and for problem sets.