Principles of Microeconomics

Document Type

Textbook

Semester

Spring 2021

Abstract

This course provides a strong foundation in microeconomic theory, whether preparing for further study in economics, the social sciences, business, or other disciplines. Designed to help students think like economists, course materials use engaging, real-world examples to explore how individuals and firms make economic choices. Key topics include supply and demand, elasticity, utility, production and costs, and an analysis of types of markets: perfect competition, monopoly, monopolistic competition, and oligopoly. Content coverage also includes public goods and externalities, labor markets, income distribution, globalization and trade, and exchange rates and international finance. An orientation module helps students refresh skills around modeling, graphing, and algebra for economic problem-solving.

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Sponsoring Institution/ Retrieved from Organization

Lumen Learning

OER Category

OpenTouro Adopted

This OER at Touro

Angelo Decandia, Principles of Microeconomics (EBE 101)

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