Economics Textbooks

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Alternative Microeconomics/Basic Microeconomics
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Read the Fine Print
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From a technical perspective, economics is the study of how various alternatives ...

From a technical perspective, economics is the study of how various alternatives or choices are evaluated to best achieve a given objective. The domain of economics is the study of processes by which scarce resources are allocated to satisfy unlimited wants. Ideally, the resources are allocated to their highest valued uses. Supply, demand, preferences, costs, benefits, production relationships and exchange are tools that are used to describe and analyze the market processes by which individuals allocate scarce resources to satisfy as many wants as possible. This increasingly narrow focus is the domain of modern, “neoclassical,” microeconomic analysis. This approach is typical of most economists and is referred to as orthodox economics.

The five basic questions that are asked in the study of the allocation problem are: 1) What to produce? 2) How many to produce? 3) How to produce? 4) When to produce? 5) Who gets it? Provisioning should seek to understand the nature of wants or objectives. Provisioning is the process of framing the approaches to the allocation problem.

Subject:
Economics
Material Type:
Textbook
Provider:
Boise State University
Date Added:
01/01/2005
Blame it on the WTO? A Human Rights Critique
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This textbook provides a much-needed legal examination of the criticisms often levelled ...

This textbook provides a much-needed legal examination of the criticisms often levelled at the human rights record of the WTO, and Assesses whether developed States have an obligation towards developing nations to create a fairer trading system in the light of the failure of the Doha Round.

Subject:
Economics
Material Type:
Textbook
Provider:
Oxford University Press
Author:
Sarah Joseph
Date Added:
10/16/2017
Building a Competitive First Nation Investment Climate
Conditions of Use:
No Strings Attached
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This is the first edition of the open text book Building a ...

This is the first edition of the open text book Building a Competitive Investment Climate on First Nation Lands. This textbook is for students who are First Nation and tribal government employees or students who would like to work for or with First Nation and tribal governments. The purpose of this textbook is to help interested First Nation and tribal governments build a competitive investment climate. Work began on this text book in early 2012 with a generous grant from the Donner Canadian Foundation. Financial support was also provided by the First Nations Tax Commission and the Tulo Centre.

Subject:
Business and Information Technology
Economics
Material Type:
Textbook
Provider:
BCcampus
Provider Set:
BCcampus Open Textbooks
Author:
Tulo Centre of Indigenous Economics
Date Added:
03/23/2015
Capitalism and Democracy in America
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The purpose of this course is to trace the twin paths of ...

The purpose of this course is to trace the twin paths of capitalism and democracy through American history. This course is premised on the idea that capitalism and democracy are intertwined, though they have often conflicted with one another. It provides students with a brief introduction to the history of capitalism and democracy in Europe and then to explore how they evolved in North America between 1600 and the present. Upon successful completion of this course, students will be able to: define and identify the terms 'capitalism' and 'democracy' in a variety of different modern historical eras; identify and define the historical connections between capitalism and democracy and identify periods of tension between capitalism and democracy, explaining how they both strengthen and weaken one another; identify important events, personalities, and concepts related to American democracy and capitalism; identify and describe the emergence and development of both capitalism and democracy in the United States; identify and describe the different periods of American history as they relate to the concepts of capitalism and democracy. (History 312)

Subject:
Economics
U.S. History
Material Type:
Assessment
Full Course
Lecture
Lecture Notes
Reading
Syllabus
Textbook
Provider:
The Saylor Foundation
Date Added:
10/16/2017
Common Sense Economics Part 1: Twelve Key Elements of Economics- Study Guide
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The Institute for Humane Studies has partnered with the authors of the ...

The Institute for Humane Studies has partnered with the authors of the textbook Common Sense Economics: What Everyone Should Know about Wealth Creation and Prosperity to help teach students why economic understanding is essential for life in today's society. With videos and quiz question corresponding to each element, this collection can be used as a study guide for "Part 1: Twelve Key Elements of Economics".

Subject:
Economics
Material Type:
Textbook
Provider:
Institute for Humane Studies
Rice University
Provider Set:
OpenStax CNX
Date Added:
10/16/2017
Econometrics Textbook
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Econometrics is the study of estimation and inference for economic models using ...

Econometrics is the study of estimation and inference for economic models using economic data. Econometric theory concerns the study and development of tools and methods for applied econometric applications. Applied econometrics concerns the application of these tools to economic data.

Subject:
Business and Information Technology
Economics
Material Type:
Textbook
Provider:
University of Wisconsin
Author:
Bruce Hansen
Date Added:
01/01/2016
Economics – Theory Through Applications
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This textbook, Economics: Theory Through Applications, centers around student needs and expectations ...

This textbook, Economics: Theory Through Applications, centers around student needs and expectations through two premises: … Students are motivated to study economics if they see that it relates to their own lives. … Students learn best from an inductive approach, in which they are first confronted with a problem, and then led through the process of solving that problem.

Many books claim to present economics in a way that is digestible for students; Russell and Andrew have truly created one from scratch. 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.

Subject:
Economics
Material Type:
Textbook
Provider:
The Saylor Foundation
Author:
Russell Cooper, Andrew John
Date Added:
10/16/2017
The Economy
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The Economy is a course in economics. Throughout, we start with a ...

The Economy is a course in economics. Throughout, we start with a question or a problem about the economy—why the advent of capitalism is associated with a sharp increase in average living standards, for example—and then teach the tools of economics that contribute to an answer.

Subject:
Economics
Material Type:
Full Course
Textbook
Provider:
The CORE Project
Date Added:
10/16/2017
Engineering, Economics and Regulation of the Electric Power Sector, Spring 2010
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The course presents an in-depth interdisciplinary perspective of electric power systems, with ...

The course presents an in-depth interdisciplinary perspective of electric power systems, with regulation providing the link among the engineering, economic, legal and environmental viewpoints. Generation dispatch, demand response, optimal network flows, risk allocation, reliability of service, renewable energy sources, ancillary services, tariff design, distributed generation, rural electrification, environmental impacts and strategic sustainability issues will be among the topics addressed under both traditional and competitive regulatory frameworks.

Subject:
Environmental Science
Economics
Material Type:
Full Course
Textbook
Provider:
M.I.T.
Provider Set:
M.I.T. OpenCourseWare
Author:
Perez-Arriaga, Ignacio
Date Added:
01/01/2010
Global Perspectives on Industrialization
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This course will focus on the emergence and evolution of industrial societies ...

This course will focus on the emergence and evolution of industrial societies around the world. The student will begin by comparing the legacies of industry in ancient and early modern Europe and Asia and examining the agricultural and commercial advances that laid the groundwork for the Industrial Revolution. The student will then follow the history of industrialization in different parts of the world, taking a close look at the economic, social, and environmental effects of industrialization. This course ultimately examines how industrialization developed, spread across the globe, and shaped everyday life in the modern era. Upon successful completion of this course, students will be able to: identify key ideas and events in the history of industrialization; identify connections between the development of capitalism and the development of modern industry; use analytical tools to evaluate the factors contributing to industrial change in different societies; identify the consequences of industrialization in the 19th and 20th centuries in different societies; critique historical interpretations of the causes and effects of industrialization; and analyze and interpret primary source documents describing the process of industrialization and life in industrial societies. (History 363)

Subject:
Economics
World History
Material Type:
Assessment
Full Course
Lecture
Lecture Notes
Reading
Syllabus
Textbook
Provider:
The Saylor Foundation
Date Added:
10/16/2017
Intermediate Macroeconomics
Conditions of Use:
Read the Fine Print
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In this course, the student will build on and apply what you ...

In this course, the student will build on and apply what you learned in the introductory macroeconomics course. The student will use the concepts of output, unemployment, inflation, consumption, and investment to study the dynamics of an economy at a more advanced level. As the course progresses, the student will gain a better appreciation for how policy shifts and changes in one sector impact the rest of the macroeconomy (whether the impacts are intended or unintended). The student will also examine the causes of inflation and depression, and discuss various approaches to responding to them. By the end of this course, the student should be able to think critically about the economy and develop your own unique perspective on various issues. Upon successful completion of this course, the student will be able to: Explain the standard theory in macroeconomics at an intermediate level; Explain and use the basic tools of macroeconomic theory, and apply them to help address problems in public policy; Analyze the role of government in allocating scarce resources; Explain how inflation affects entire economic systems; Synthesize the impact of employment and unemployment in a free market economy; Build macroeconomic models to describe changes over time in monetary and fiscal policy; Compare and contrast arguments concerning business, consumers and government, and make good conjectures regarding the possible solutions; Analyze the methods of computing and explaining how much is produced in an economy; Apply basic tools that are used in many fields of economics, including uncertainty, capital and investment, and economic growth. (Economics 202)

Subject:
Economics
Material Type:
Assessment
Full Course
Lecture
Reading
Syllabus
Textbook
Provider:
The Saylor Foundation
Date Added:
10/16/2017
Intermediate Microeconomics
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This course is designed to extend the student's knowledge of the basic ...

This course is designed to extend the student's knowledge of the basic microeconomic principles that will provide the foundation for their future work in economics and give them insight into how economic models can help us think about important real world phenomena. Topics include supply and demand interaction, utility maximization, profit maximization, elasticity, perfect competition, monopoly power, imperfect competition, and game theory. Upon successful completion of this course, the student will be able to: Explain the standard theory in microeconomics at an intermediate level; Explain and use the basic tools of microeconomic theory, and apply them to help address problems in public policy; Analyze the role of markets in allocating scarce resources; Explain both competitive markets, for which basic models of supply and demand are most appropriate, and markets in which agents act strategically, for which game theory is the more appropriate tool; Synthesize the impact of government intervention in the market; Develop quantitative skills in doing economic cost and consumer analysis using calculus; Compare and contrast arguments concerning business and politics, and make good conjectures regarding the possible solutions; Analyze the economic behavior of individuals and firms, and explore how they respond to changes in the opportunities and constraints that they face and how they interact in markets; Apply basic tools that are used in many fields of economics, including household economics, labor economics, production theory, international economics, natural resource economics, public finance, and capital markets. (Economics 201)

Subject:
Economics
Material Type:
Assessment
Full Course
Homework/Assignment
Lecture
Reading
Syllabus
Textbook
Provider:
The Saylor Foundation
Date Added:
10/16/2017
International Finance: Theory and Policy
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International Finance Theory and Policy is built on Steve Suranovic’s belief that ...

International Finance Theory and Policy is built on Steve Suranovic’s belief that to understand the international economy, students need to learn how economic models are applied to real world problems. It is true what they say, that ”economists do it with models.“ That’s because economic models provide insights about the world that are simply not obtainable solely by discussion of the issues.

International Finance Theory and Policy develops a unified model of the international macroeconomy. The text provides detailed descriptions of major macroeconomic variables, covers the interest rate parity and purchasing power parity theories of exchange rate determination, takes an exhaustive look at the pros and cons of trade imbalances and presents the well-known AA-DD model to explore the effects of fiscal and monetary policy under both fixed and flexible exchange rates.

The models are developed, not by employing advanced mathematics, but rather by walking students through a detailed description of how a model’s assumptions influence its conclusions. But more importantly, each model and theory is connected to real world policy issues.

The Finance Text has the following unique features: 1). Begins with an historical overview of the international macroeconomy to provide context for the theory. 2). Concludes with a detailed discussion of the pros and cons of fixed and floating exchange rate systems. 3. Provides an extensive look at the issue of trade imbalances. Readers learn techniques to evaluate whether a country's trade deficit (or surplus) is dangerous, beneficial, or benign. 4). Explains how purchasing power parity is used to make cross country income comparisons. 5). Offers clear detailed explanations of the AA-DD model. 6). Applies the AA-DD model to understand the effects of monetary and fiscal policy on GDP, the exchange rate, and the trade balance.

International Finance: Theory and Policy by Steve Suranovic is intended for a one-semester course in International Finance.

Subject:
Business and Information Technology
Economics
Material Type:
Textbook
Provider:
The Saylor Foundation
Author:
Steve Suranovic
Date Added:
01/01/2010
Introduction to Economic Analysis
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This book presents standard intermediate microeconomics material and some material that, in ...

This book presents standard intermediate microeconomics material and some material that, in the authors' view, ought to be standard but is not. Introductory economics material is integrated. Standard mathematical tools, including calculus, are used throughout. The book easily serves as an intermediate microeconomics text, and can be used for a relatively sophisticated undergraduate who has not taken a basic university course in economics.

Subject:
Business and Information Technology
Economics
Material Type:
Textbook
Provider:
California Institute of Technology
Author:
R. Ptreston McAfee
Tracy R. Lewis
Date Added:
01/01/2009
Macroeconomics
Conditions of Use:
No Strings Attached
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Macroeconomics provides an introduction to economic principles and market forces including supply ...

Macroeconomics provides an introduction to economic principles and market forces including supply and demand, unemployment, inflation, international trade and capital flows, monetary policy and banking, fiscal policy and globalization.

Subject:
Economics
Material Type:
Full Course
Textbook
Provider:
Lumen Learning
Provider Set:
Candela Courseware
Date Added:
10/16/2017
Macroeconomics: Theory through Applications
Conditions of Use:
No Strings Attached
Rating

The intended audience of the textbook is first-year undergraduates taking courses on ...

The intended audience of the textbook is first-year undergraduates taking courses on the principles of macroeconomics and microeconomics. Many may never take another economics course. We aim to increase their economic literacy both by developing their aptitude for economic thinking and by presenting key insights about economics that every educated individual should know. We have written a fundamentally different text for principles of economics, based on two premises: Students are motivated to study economics if they see that it relates to their own lives, and students learn best from an inductive approach, in which they are first confronted with a question and then led through the process of how to answer that question.

Subject:
Economics
Material Type:
Textbook
Provider:
The Saylor Foundation
Author:
A. Andrew John
Russell Cooper
Date Added:
10/28/2014
Macroeconomics: Theory through Applications
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This textbook, Macroeconomics: Theory Through Applications, centers around student needs and expectations ...

This textbook, Macroeconomics: Theory Through Applications, centers around student needs and expectations through two premises: … Students are motivated to study economics if they see that it relates to their own lives. … Students learn best from an inductive approach, in which they are first confronted with a problem, and then led through the process of solving that problem.

Many books claim to present economics in a way that is digestible for students; Russell and Andrew have truly created one from scratch. 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.

How? Russell and Andrew have done three things in this text to accomplish that goal:

1. Applications Ahead of Theory: They present all the theory that is standard in Principles books. But by beginning with applications, students get to learn why this theory is needed.

2. Learning through Repetition: Important tools appear over and over again, allowing students to learn from repetition and to see how one framework can be useful in many different contexts.

3. A Student’s Table of Contents vs. An Instructor’s Table of Contents: There is no further proof that Russell and Andrew have created a book aimed specifically at educating students about economics than their two tables of contents.

Subject:
Economics
Material Type:
Textbook
Provider:
The Saylor Foundation
Author:
Andrew John
Russell Cooper
Date Added:
01/01/2012
Microeconomics
Conditions of Use:
No Strings Attached
Rating

Microeconomics provides an introduction to economic principles and market forces including supply ...

Microeconomics provides an introduction to economic principles and market forces including supply and demand, labor and financial markets, elasticity, consumer choices, cost and industry structure, competition, monopoly, negative and positive externalities, economic inequality, financial markets, international trade, globalization and protectionism.

Subject:
Economics
Material Type:
Full Course
Textbook
Provider:
Lumen Learning
Provider Set:
Candela Courseware
Date Added:
10/16/2017
Microeconomics:  Markets, Methods and Models
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Microeconomics: Markets, Methods and Models focuses upon the material that students need ...

Microeconomics: Markets, Methods and Models focuses upon the material that students need to cover in a first introductory course. It is slightly more compact than the majority of principles books in the Canadian marketplace. Decades of teaching experience and textbook writing has led the authors to avoid the encyclopedic approach that characterizes the recent trends in textbooks. Consistent with this approach, there are no appendices or ‘afterthought’ chapters. If important material is challenging then it is still included in the main body of the text; it is not relegated elsewhere for a limited audience; the text makes choices on what issues and topics are important in an introductory course. This philosophy has resulted in a Micro book of just 15 chapters, of which Chapters 1 through 3 plus Chapter 15 are common to both Micro and Macro. Examples are domestic and international in their subject matter and are of the modern era – consumers buy iPods, snowboards and jazz, not so much coffee and hamburgers. Globalization is a recurring theme. The title is intended to be informative. Students are introduced to the concepts of models early, and the working of such models is illustrated in every chapter. Calculus is avoided; but students learn to master and solve linear models. Hence straight line equations.

Subject:
Economics
Material Type:
Textbook
Provider:
Lyryx Learning
Author:
Douglas Curtis
Ian Irvine
Date Added:
01/01/2014