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411 REFERENCE · Wikibooks

Microeconomics

Reference material by Wikibooks contributors. This retains its source identity and is not 411 news reporting.

Principles of Microeconomics Preface 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 the application of the concepts in 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 Contents /Definition/ 75% Feb 11, 2005 /Goods and Scarcity/ 100% Feb 11, 2005 /Economic Systems/ 100% Jul 20, 2005 /Supply and Demand/ 100% Feb 11, 2005 /Opportunity Cost/ 75% Feb 11, 2005 /Perfect Competition/ 100% Feb 11, 2005 /Monopolistic Competition/ 0% Feb 7, 2014 /Oligopolistic Competition/ 25% Feb 7, 2014 Microeconomics 75%