The given link provides access to lecture notes for the course Principles of Microeconomics offered by the Massachusetts Institute of Technology (MIT) in the fall of 2018. The lecture notes cover a wide range of topics in microeconomics, including supply and demand, consumer behavior, and market equilibrium. The notes are authored by Professor Jonathan Gruber and are designed to supplement his lectures. The notes include graphs, equations, and real-world examples to illustrate key concepts. They are a useful resource for students studying microeconomics or for anyone interested in understanding how markets work.
Author(s): Prof. Jonathan Gruber, Massachusetts Institute of Technology
Managerial economics, as the name itself implies, is an offshoot of two distinct disciplines: Economics and Management. In other words, it is necessary to understand what these disciplines are, at least in brief, to understand the nature and scope of managerial economics.This PDF covers the following topics related to Managerial Economics : Introduction to Managerial Economics, Theory of Demand, Production Analysis, Cost Theory and Estimation, Market Structure and Pricing Practices.
Author(s): Ms. Swathi, Assistant Professor, Institute of Aeronautical Engineering
This note covers the following topics: Solow growth model, Ramsey growth model, Diamond overlapping-generations model Endogenous growth and human capital models, Empirical growth analyses, Business cycles and RBC models, Traditional business-cycle models, New Keynesian IS-LM, Phillips curve, Lucas imperfect-information model, Imperfect competition and sticky prices, Dynamic pricing models, Unemployment models and Investment theory.
Author(s): Jeffrey Parker, Reed College
This note covers the following topics: A Representation Theorem for Utility Maximization, Failures of Utility Maximization, Consumer Choice, Risk and Uncertainty, Producer Theory.
Author(s): Mark Dean
This note explains the following topics: Divisions of Economics, Importance of Economics, Agricultural Economics Meaning, Definition , Law of Diminishing Marginal Utility meaning, Definition, Assumption, Limitation, Importance, Indifference curve approach, Consumer’s Surplus, National Income, Public Revenue, Public Revenue, Public Expenditure, Inflation, meaning definition, kind of inflation.
Author(s): Dr. Harbans Lal
This note describes the following topics: Economic Motives, Wealth And Welfare, The Nature Of Demand, Exchange In A Market, Psychic Income, The Law Of Diminishing Returns, The Theory Of Rent, Repair, Depreciation, And Destruction Of Wealth, Capitalization And Time-value, The Money Economy And The Concept Of Capital, Interest On Money Loans, The Value Of Human Services.
Author(s): Frank A. Fetter
This note will provide materiel from many areas related to behavioral economics. Topics covered includes: bounded rationality, temptation and self control and reference dependent preferences.
Author(s): Mark Dean
This note describes the following topics: The Market, Budget Constraint, Preferences, Utility, Demand, Revealed Preference,Slutsky Equation, Buying and Selling, Intertemporal Choice, Uncertainty, Consumer Surplus, Market Demand, Profit Maximization, Cost Minimization, Cost Curves, Firm Supply, Industry Supply, Monopoly, Monopoly Behavior, Factor Market, Oligopoly, Game Theory and Exchange.
Author(s): Jinwoo Kim
Transportation Economics is aimed at advanced undergraduate and graduate civil engineering, planning, business, and economics students, though the material may provide a useful review for practitioners. Topics covered includes: Demand Curve, Demand and Budgets in Transportation, The Shape of Demand, Supply and Demand Equilibrium, Equilibrium in a Negative Feedback System, Disequilibrium, Agents, Ownership, Regulation, Productivity, Revenue, Pricing, Supply chains, Production and cost, Negative externalities, Positive externalities.
This note will provide the student with an analytical framework for understanding key trade and finance issues in an international environment. Topics covered includes: General Equilibrium Model, Absolute and Comparative Advantage: Ricardian Model, The Hecksher-Ohlin (HO) Model, HO Theorems, International Finance, The Foreign Exchange Market, Purchasing Power Parity, The relationship between exchange rates, interest rates.
Author(s): Michigan State University
This book explains the following topics: Credit Markets in Developing Countries, Complete Markets Benchmark, Rural Financial Intermediaries, Micro Finance, Social Networks and Informal Institutions, Property Rights and Credit Market, Credit Market Imperfections and Poverty Traps, Financial Structure in Formal Credit Markets, Interaction of Formal and Informal Credit Markets.
Author(s): Tridip Ray, Indian Statistical Institute, New Delhi
This note describes the following topics: Theory of the Firm, Investment Decisions, Vertically Related Markets and Competition Policy, Product market Differentiation and Imperfect Information, Technical Change and Market Structure, Indian Industry, Industrial growth in India.
Author(s): University of Mumbai
This note explains the following topics: Simple Representative Agent Models, Growth With Overlapping Generations, Neoclassical Growth and Dynamic Programming, Endogenous Growth , Choice Under Uncertainty, Consumption and Asset Pricing, Search, Money and Unemployment, Overlapping Generations Models of Money, A Cash-In-Advance Model.
Author(s): Steve Williamson
This note is intended as an introduction to the newly emerging field of political economy of institutions and development. Its purpose is to give you both a sense of the frontier research topics and a good command of the tools in the area.
Author(s): Daron Acemoglu
This note exposes learners to the economics of cooperative and how cooperatives are organized. Topics covered includes: The Nature of Cooperative, Cooperative Concepts, Explanation of Cooperative Terminologies , Promotional motives of Cooperative Business Enterprises, The Need for Individuals with Similar Problems to Come together to Form a Cooperative, Conditions under which a Cooperative can Perform Effectively, Effects or Influences of Cooperative on Members and the General Public, E Sources of Capital in Cooperatives, Distinction between Fixed Capital and Working Capital, Classification of Cooperative, Types of Cooperative Societies, their Functions and Assessment of the Correctness of Available, Similarities or Differences between Single-Purpose and Multipurpose Cooperatives.
Author(s): National Open University of Nigeria
This note aims at exposing learners to the economics of cooperative and how cooperatives are organized. Topics covered includes: Cooperative Concepts, Explanation of Cooperative Terminologies, Promotional motives of Cooperative Business Enterprises, The Need for Individuals with Similar Problems to Come together to Form a Cooperative, Conditions under which a Cooperative can Perform Effectively, Effects or Influences of Cooperative on Members and the General Public, Explanation or Definition on the Terms Groups, SubGroups and Bandwagon Effects in a Cooperative and how to Minimise Existing Conflicts between Groups, Sources of Capital in Cooperatives, Classification of Cooperative, Types of Cooperative Societies, their Functions and Assessment of the Correctness of Available Classification.
Author(s): National Open University of Nigeria
This note uses the tools of macroeconomics to study various macroeconomic policy problems in-depth. The problems range from economic growth in the long run, to government finances in the intermediate run, and economic stability in the short run. Many economic models used today are surveyed.
Author(s): Prof. George-Marios Angeletos
This note will focus both on models of economic growth and their empirical applications, and try to shed light on the mechanics of economic growth, technological change and sources of income and growth differences across countries.
Author(s): Prof. Daron Acemoglu
Macroeconomics, System of National Accounts, Variants of GDP, The goods market, Financial markets, Demand for money and bonds , Equilibrium in the money market, Price of bonds and interest rate, The IS-LM model, The labor market, The three markets jointly: AS and AD , Phillips curve and the open economy.
Author(s): Robert M. Kunst
This note provides a solid foundation in probability and statistics for economists and other social scientists. Topics include elements of probability theory, sampling theory, statistical estimation, and hypothesis testing.
Author(s): Konrad Menzel
Economics is the study of choices made under constraints, usually the constraints of budgets, prices, and input costs. Topics covered include consumer demand, production, exchange, the price system, resource allocation, and government intervention.
Author(s): Dr. Melissa Knox
Econometrics is becoming a highly developed and highly mathematicized array of its own sub disciplines, as it should be, as economies are becoming increasingly complex, and scientific economic analyses require progressively thorough knowledge of solid quantitative methods. This book thus provides recent insight on some key issues in econometric theory and applications.
Author(s): Miroslav Verbic
This book covers the following topics: Managerial Economics, Objectives Of The Business Firm, Fundamental Economic Concepts, Law Of Demand, Demand Elasticity, Demand Forecasting, Consumer Behaviour: Cardinal Analysis, Ordinal Analysis, Production Function, Economies Of Scale, Cost Concepts, Price Determination: Perfect Competition And Monopoly, Monopolistic Competition And Oligopoly, Dumping And Tranfer Pricing, Business Cycles, Inflation, National Income and Monetary Policy.
Author(s): Dr. Karam Pal
This book covers the following topics: The Nature and Scope of Economics, The Characteristics of the Present Economic System, The Evolution of Economic Society, The Evolution of Economic Society, The Economic Development of the United States, Elementary Concepts, Monopoly, Business Organization and International Trade.
Author(s): Richard Theodore Ely, Thomas Sewall Adams, Max Otto Lorenz, Young, Allyn Abbott
Principles of Economics covers the scope and sequence for a two-semester principles of economics course. The text also includes many current examples, including; discussions on the great recession, the controversy among economists over the Affordable Care Act (Obamacare), the recent government shutdown, and the appointment of the United States’ first female Federal Reserve chair, Janet Yellen. The book covers the breadth of economics topics and also provides the necessary depth to ensure the course is manageable for instructors and students alike.
Author(s): OpenStax College, Rice University
The intended audience of this textbook is first-year undergraduates taking courses on the principles of macroeconomics and microeconomics. This textbook will assist you in increasing students’ economic literacy both by developing their aptitude for economic thinking and by presenting key insights about economics that every educated individual should know.
Author(s): Russell Cooper, European University Institute and Andrew John, Melbourne Business Schoo
Microeconomics: Markets, Methods and Models provides a concise, yet complete, coverage of introductory microeconomic theory, application and policy in a Canadian and global environment. Topics covered includes: introduction to key ideas, Theories, models and data, The classical marketplace – demand and supply, Measures of response: elasticities, Welfare economics and externalities, Individual choice, Firms, investors and capital markets, Production and cost, Perfect competition, Monopoly , Imperfect competition, Labour and capital, Human capital and the income distribution, Government and International trade.
Author(s): Douglas Curtis and Ian Irvine
This book covers the following topics: Economic Rationality, Development of Economic Thought, Business Ethics, Subjectivity of Understanding, Subjectivity of Literature, Ethics of Care and Ethics in the Economy.
Author(s): Dag G. Aasland
This book focused on the study of Free Software in relation with the private sector and related economic aspects. It analyses the software industry from an economic perspective: how it was affected by software licensed under free conditions and what is its potential for the future.
Author(s): Amadeu Albos Raya, Lluis Bru Martinez and Irene Fernandez Monsalve
Chapters of this book consist of three main content sections that break down a particular topic into manageable parts.Each content section contains not only an exposition of the material at hand but also learning objectives, summaries, examples, and problems. Each chapter is introduced with a story to motivate the material and each chapter ends with a wrap up and additional problems. Goal is to encourage active learning by including many examples and many problems of different types.
This note covers the following topics: The AD Curve and the IS-LM Model, The IS-LM Model and the AD curve,The Money Market, The AS Curve and the Labour Market, The Open Economy, Macroeconomic Policy Issues.
Author(s): Richard Povey
Principles of Political Economy (1848) by John Stuart Mill was arguably the most important economics or political economy textbook of the mid nineteenth century. It was revised until its seventh edition in 1871, shortly before Mill's death in 1873, and republished in numerous other editions. Beside discussing descriptive issues such as which nations tended to benefit more in a system of trade based on comparative advantage, the work also discussed normative issues such as ideal systems of political economy, critiquing proposed systems such as communism and socialism.
Author(s): John Stuart Mill
This note covers the following topics: Principles Of Macroeconomics, Money, Banking And Financial Markets, International Economics, Financial Management, International Finance, Financial Markets And Institutions, Managerial Economics, Business Economics.
Author(s): Prof. Arnaud Costinot and Prof. Dave Donaldson
This book has been called the first complete guide to house-keeping published in America. This book discussed the underestimated importance of women’s roles in American society.
Author(s): Catharine Beecher