Principles of Economics (LibreTexts) Complete and Printable Volume 1 & Volume 2
- Page ID
- 390375
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\(\newcommand{\avec}{\mathbf a}\) \(\newcommand{\bvec}{\mathbf b}\) \(\newcommand{\cvec}{\mathbf c}\) \(\newcommand{\dvec}{\mathbf d}\) \(\newcommand{\dtil}{\widetilde{\mathbf d}}\) \(\newcommand{\evec}{\mathbf e}\) \(\newcommand{\fvec}{\mathbf f}\) \(\newcommand{\nvec}{\mathbf n}\) \(\newcommand{\pvec}{\mathbf p}\) \(\newcommand{\qvec}{\mathbf q}\) \(\newcommand{\svec}{\mathbf s}\) \(\newcommand{\tvec}{\mathbf t}\) \(\newcommand{\uvec}{\mathbf u}\) \(\newcommand{\vvec}{\mathbf v}\) \(\newcommand{\wvec}{\mathbf w}\) \(\newcommand{\xvec}{\mathbf x}\) \(\newcommand{\yvec}{\mathbf y}\) \(\newcommand{\zvec}{\mathbf z}\) \(\newcommand{\rvec}{\mathbf r}\) \(\newcommand{\mvec}{\mathbf m}\) \(\newcommand{\zerovec}{\mathbf 0}\) \(\newcommand{\onevec}{\mathbf 1}\) \(\newcommand{\real}{\mathbb R}\) \(\newcommand{\twovec}[2]{\left[\begin{array}{r}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\ctwovec}[2]{\left[\begin{array}{c}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\threevec}[3]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\cthreevec}[3]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\fourvec}[4]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\cfourvec}[4]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\fivevec}[5]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\cfivevec}[5]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\mattwo}[4]{\left[\begin{array}{rr}#1 \amp #2 \\ #3 \amp #4 \\ \end{array}\right]}\) \(\newcommand{\laspan}[1]{\text{Span}\{#1\}}\) \(\newcommand{\bcal}{\cal B}\) \(\newcommand{\ccal}{\cal C}\) \(\newcommand{\scal}{\cal S}\) \(\newcommand{\wcal}{\cal W}\) \(\newcommand{\ecal}{\cal E}\) \(\newcommand{\coords}[2]{\left\{#1\right\}_{#2}}\) \(\newcommand{\gray}[1]{\color{gray}{#1}}\) \(\newcommand{\lgray}[1]{\color{lightgray}{#1}}\) \(\newcommand{\rank}{\operatorname{rank}}\) \(\newcommand{\row}{\text{Row}}\) \(\newcommand{\col}{\text{Col}}\) \(\renewcommand{\row}{\text{Row}}\) \(\newcommand{\nul}{\text{Nul}}\) \(\newcommand{\var}{\text{Var}}\) \(\newcommand{\corr}{\text{corr}}\) \(\newcommand{\len}[1]{\left|#1\right|}\) \(\newcommand{\bbar}{\overline{\bvec}}\) \(\newcommand{\bhat}{\widehat{\bvec}}\) \(\newcommand{\bperp}{\bvec^\perp}\) \(\newcommand{\xhat}{\widehat{\xvec}}\) \(\newcommand{\vhat}{\widehat{\vvec}}\) \(\newcommand{\uhat}{\widehat{\uvec}}\) \(\newcommand{\what}{\widehat{\wvec}}\) \(\newcommand{\Sighat}{\widehat{\Sigma}}\) \(\newcommand{\lt}{<}\) \(\newcommand{\gt}{>}\) \(\newcommand{\amp}{&}\) \(\definecolor{fillinmathshade}{gray}{0.9}\)- Principles of Economics (LibreTexts)
- This book is intended for a two-semester course in Economics taught out of the social sciences or business school. Principles of Economics aims to teach considerable range and depth of Economic concepts through an approachable style and methodology. The authors take a three-pronged approach to every chapter: The concept is covered with a “Heads Up” to ward off confusion, a real-world application for that concept, and a “You Try It” section to make sure students are staying on top of the concept.
- Front Matter
- 1: Economics - The Study of Choice
- 2: Confronting Scarcity: Choices in Production
- 3: Demand and Supply
- 4: Applications of Demand and Supply
- 5: Elasticity: A Measure of Response
- 6: Markets, Maximizers, and Efficiency
- 7: The Analysis of Consumer Choice
- 8: Production and Cost
- 9: Competitive Markets for Goods and Services
- 10: Monopoly
- 11: The World of Imperfect Competition
- 12: Wages and Employment in Perfect Competition
- 13: Interest Rates and the Markets for Capital and Natural Resources
- 14: Imperfectly Competitive Markets for Factors of Production
- 15: Public Finance and Public Choice
- 16: Antitrust Policy and Business Regulation
- 17: International Table
- 18: The Economics of the Environment
- 19: Inequality, Poverty, and Discrimination
- 20: Macroeconomics: The Big Picture
- 21: Measuring Total Output and Income
- 22: Aggregate Demand and Aggregate Supply
- 23: Economic Growth
- 24: The Nature and Creation of Money
- 25: Financial Markets and the Economy
- 26: Monetary Policy and the Fed
- 27: Government and Fiscal Policy
- 28: Consumption and the Aggregate Expenditures Model
- 29: Investment and Economic Activity
- 30: Net Exports and International Finance
- 31: Inflation and Unemployment
- 32: A Brief History of Macroeconomic Thought and Policy
- 33: Economic Development
- 34: Socialist Economies in Transition
- Back Matter
- Principles of Economics Volume 1
- This book is intended for the first semester of a two-semester course in Economics taught out of the social sciences or business school. Principles of Economics aims to teach considerable range and depth of Economic concepts through an approachable style and methodology. The authors take a three-pronged approach to every chapter: The concept is covered with a “Heads Up” to ward off confusion, a real-world application for that concept, and a “You Try It” section to make sure students are staying
- Front Matter
- 1: Economics - The Study of Choice
- 2: Choices in Production
- 3: Demand and Supply
- 4: Applications of Demand and Supply
- 5: A Measure of Response
- 6: Markets, Maximizers, and Efficiency
- 7: The Analysis of Consumer Choice
- 8: Production and Cost
- 9: Competitive Markets for Goods and Services
- 10: Monopoly
- 11: The World of Imperfect Competition
- 12: Wages and Employment in Perfect Competition
- 13: Interest Rates and the Markets for Capital and Natural Resources
- 14: Imperfectly Competitive Markets for Factors of Production
- 15: Public Finance and Public Choice
- 16: Antitrust Policy and Business Regulation
- 17: International Table
- 18: The Economics of the Environment
- 19: Inequality, Poverty, and Discrimination
- Appendix A: Graphs in Economics
- Back Matter
- Principles of Economics Volume 2
- Front Matter
- 20: The Big Picture
- 21: Measuring Total Output and Income
- 22: Aggregate Demand and Aggregate Supply
- 23: Economic Growth
- 24: The Nature and Creation of Money
- 25: Financial Markets and the Economy
- 26: Monetary Policy and the Fed
- 27: Government and Fiscal Policy
- 28: Consumption and the Aggregate Expenditures Model
- 29: Investment and Economic Activity
- 30: Net Exports and International Finance
- 31: Inflation and Unemployment
- 32: A Brief History of Macroeconomic Thought and Policy
- 33: Economic Development
- 34: Socialist Economies in Transition
- Appendix B: Extensions of the Aggregate Expenditures Model
- Back Matter
Image from wikimedia commons CC-BY-SA by THOMAS Richter

