Principles of Microeconomics 3e (OpenStax)
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Principles of Microeconomics 3e covers the scope and sequence of most one semester introductory microeconomics courses. The third edition takes a balanced approach to the theory and application of microeconomics concepts. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array of examples using both fictional and real-world applications. The third edition has been carefully and thoroughly updated to reflect recent developments, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists.
Front Matter
1: Welcome to Economics!
2: Choice in a World of Scarcity
3: Demand and Supply
4: Labor and Financial Markets
5: Elasticity
6: Consumer Choices
7: Production, Costs, and Industry Structure
8: Perfect Competition
9: Monopoly
10: Monopolistic Competition and Oligopoly
11: Monopoly and Antitrust Policy
12: Environmental Protection and Negative Externalities
13: Positive Externalities and Public Goods
14: Labor Markets and Income
15: Poverty and Economic Inequality
16: Information, Risk, and Insurance
17: Financial Markets
18: Public Economy
19: International Trade
20: Globalization and Protectionism
21: Appendix
Back Matter