Principles of Microeconomics

by Wikibooks contributors

Read here Read at Wikibooks

A book Wikibooks counts as complete, from its open-content textbook collection.

Description from Wikibooks.

Publisher
Wikibooks contributors
Licence
CC BY-SA 4.0, as Wikibooks states it
Who can read
Teens profiles and older, judged from its title and subjects

Contents

  1. Principles of Microeconomics
  2. printable version
  3. Preface
  4. Welcome to Economics!
  5. What Economics Is and Why It's Important
  6. Microeconomics and Macroeconomics
  7. How Economists Use Theories and Models to Understand Economic Issues
  8. How Economies Can Be Organized: An Overview of Economic Systems
  9. Choice in a World of Scarcity
  10. How Individuals Make Choices Based on Their Budget Constraint
  11. The Production Possibilities Frontier and Social Choices
  12. Confronting Objections to the Economic Approach
  13. Demand and Supply
  14. Demand, Supply, and Equilibrium in Markets for Goods and Services
  15. Shifts in Demand and Supply for Goods and Services
  16. Changes in Equilibrium Price and Quantity: The Four-Step Process
  17. Price Ceilings and Price Floors
  18. Demand, Supply, and Efficiency
  19. Labor and Financial Markets
  20. Demand and Supply at Work in Labor Markets
  21. Demand and Supply in Financial Markets
  22. The Market System as an Efficient Mechanism for Information
  23. Elasticity
  24. Price Elasticity of Demand and Price Elasticity of Supply
  25. Polar Cases of Elasticity and Constant Elasticity
  26. Elasticity and Pricing
  27. Elasticity in Areas Other Than Price
  28. Consumer Choices
  29. Consumption Choices
  30. How Changes in Income and Prices Affect Consumption Choices
  31. Labor-Leisure Choices
  32. Intertemporal Choices in Financial Capital Markets
  33. Cost and Industry Structure
  34. Explicit and Implicit Costs, and Accounting and Economic Profit
  35. The Structure of Costs in the Short Run
  36. The Structure of Costs in the Long Run
  37. Perfect Competition
  38. Perfect Competition and Why It Matters
  39. How Perfectly Competitive Firms Make Output Decisions
  40. Entry and Exit Decisions in the Long Run
  41. Efficiency in Perfectly Competitive Markets
  42. Monopoly
  43. How Monopolies Form: Barriers to Entry
  44. How a Profit-Maximizing Monopoly Chooses Output and Price
  45. Monopolistic Competition and Oligopoly
  46. Monopolistic Competition
  47. Oligopoly
  48. Monopoly and Antitrust Policy
  49. Corporate Mergers
  50. Regulating Anticompetitive Behavior
  51. Regulating Natural Monopolies
  52. The Great Deregulation Experiment
  53. Environmental Protection and Negative Externalities
  54. The Economics of Pollution
  55. Command-and-Control Regulation
  56. Market-Oriented Environmental Tools
  57. The Benefits and Costs of U.S Environmental Laws
  58. International Environmental Issues
  59. The Tradeoff between Economic Output and Environmental Protection
  60. Positive Externalities and Public Goods
  61. Why the Private Sector Under Invests in Innovation
  62. How Governments Can Encourage Innovation
  63. Public Goods
  64. Poverty and Economic Inequality
  65. Drawing the Poverty Line
  66. The Poverty Trap
  67. The Safety Net
  68. Income Inequality: Measurement and Causes
  69. Government Policies to Reduce Income Inequality
  70. Issues in Labor Markets: Unions, Discrimination, Immigration
  71. Unions
  72. Employment Discrimination
  73. Immigration
  74. Information, Risk, and Insurance
  75. The Problem of Imperfect Information and Asymmetric Information
  76. Insurance and Imperfect Information
  77. Financial Markets
  78. How Businesses Raise Financial Capital
  79. How Households Supply Financial Capital
  80. How to Accumulate Personal Wealth
  81. Public Economy
  82. Voter Participation and Costs of Elections
  83. Special Interest Politics
  84. Flaws in the Democratic System of Government
  85. International Trade
  86. Absolute and Comparative Advantage
  87. What Happens When a Country Has an Absolute Advantage in All Goods
  88. Intra-industry Trade between Similar Economies
  89. The Benefits of Reducing Barriers to International Trade
  90. Globalization and Protectionism
  91. Protectionism: An Indirect Subsidy from Consumers to Producers
  92. International Trade and Its Effects on Jobs, Wages, and Working Conditions
  93. Arguments in Support of Restricting Imports
  94. How Trade Policy Is Enacted: Globally, Regionally, and Nationally
  95. The Tradeoffs of Trade Policy
  96. The Use of Mathematics in Principles of Economics
  97. Indifference Curves
  98. Present Discounted Value