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A textbook in 22 chapters that provides a complete introduction to economics and is used in approximately 500 universities worldwide. This economics textbook was designed as the source material for taught courses in the first year of an undergraduate degree, although it has also been used in schools, and for advanced courses in public policy.
Microeconomic Theory by Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green is the standard US graduate level microeconomics textbook. First published in 1995, the book consists of five parts: Part I: Individual Decision-Making; Part II: Game Theory; Part III: Market Equilibrium and Market Failure; Part IV: General Equilibrium; Part V: Welfare Economics and Incentives.
Introduction to Economic Analysis is a university microeconomics textbook by Caltech Professor Preston McAfee. [1] It is available free of charge under Creative Commons license [2] (an open source); under this "license that requires attribution, users can pick and choose chapters or integrate with their own material".
According to Amazon.com, the textbook authors have set the standard for quality content for teachers and students around the world. And the tutorial itself, starting from the 19th edition, was supplied with the LearnSmart application. The textbook becomes an integrated learning system, allowing students to gain knowledge more effectively. [7]
Microeconomics analyzes the market mechanisms that enable buyers and sellers to establish relative prices among goods and services. Shown is a marketplace in Delhi. Shown is a marketplace in Delhi. Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce ...
In microeconomics and contract theory, the first-order approach is a simplifying assumption used to solve models with a principal-agent problem. [1] It suggests that, instead of following the usual assumption that the agent will take an action that is utility-maximizing, the modeller use a weaker constraint, and looks only for actions which satisfy the first-order conditions of the agent's ...
In addition, Mankiw is the author of several best-selling textbooks, writes a popular blog, [8] and from 2007 to 2021 wrote regularly for the Sunday business section of The New York Times. [9] According to the Open Syllabus Project , Mankiw is the most frequently cited author on college syllabi for economics courses.
An open textbook is a textbook licensed under an open license, and made available online to be freely used by students, teachers and members of the public.Many open textbooks are distributed in either print, e-book, or audio formats that may be downloaded or purchased at little or no cost.