Microeconomics

Principles of MicroeconomicsEdit

PrefaceEdit

The goal of this book is to explain how people interact economically, understanding the relationship between people, supply and demand, markets, and efficiency. We will do this by first understanding the nature of the basics concepts of microeconomics, then proceeding to how these apply to specific types of situations.

Readers are expected to have an understanding of arithmetics as well as basic differential calculus. Where needed we use R for statistical programming. The graphics are also created using R, the needed code can be revealed by clicking on the graphic.

Table of ContentsEdit

  1. Definition 75% developed  as of Feb 11, 2005
  2. Goods and Scarcity 100% developed  as of Feb 11, 2005
  3. Economic Systems 100% developed  as of Jul 20, 2005
  4. Supply and Demand 100% developed  as of Feb 11, 2005
  5. Opportunity Cost 75% developed  as of Feb 11, 2005
  6. Perfect Competition 100% developed  as of Feb 11, 2005
  7. Monopolistic Competition 0% developed  as of Feb 7, 2014
  8. Oligopolistic Competition 25% developed  as of Feb 7, 2014
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