Attributions
Microeconomics
Except where expressly noted otherwise, the contents of this course are based on materials published by OpenStax College. These materials were originally published freely under a Creative Commons Attribution License (you can review the license at http://creativecommons.org/
Collection edited by: OpenStax College
Content authors: OpenStax College and OpenStax College
Based on: Principles of Economics <http://cnx.org/content/col11613/1.2>.
Online: <http://cnx.org/content/col11627/1.5>
This selection and arrangement of content as a collection is copyrighted by Rice University.
Creative Commons Attribution License 4.0 http://creativecommons.org/licenses/by/4.0/
Collection structure revised: 2014/03/14
For copyright and attribution information for the modules contained in this collection, see the “Attributions” section at the end of the collection.
Attributions
Cover: CC-BY 2.0 Tile pattern by Lauren Manning http://www.flickr.com/photos/laurenmanning/2318922360
| Collection: Microeconomics |
| Edited by: OpenStax College |
| URL: http://cnx.org/content/col11627/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Based on: Principles of Economics <http://cnx.org/content/col11613/1.2> arranged by OpenStax College. |
| Module: Preface |
| By: OpenStax College |
| URL: http://cnx.org/content/m49463/1.2/ |
| Copyright: OpenStax College |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction |
| By: OpenStax College |
| URL: http://cnx.org/content/m48590/1.8/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: What Is Economics, and Why Is It Important? |
| Used here as: What Economics Is and Why It’s Important |
| By: OpenStax College |
| URL: http://cnx.org/content/m48591/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Microeconomics and Macroeconomics |
| By: OpenStax College |
| URL: http://cnx.org/content/m48592/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How Economists Use Theories and Models to Understand Economic Issues |
| By: OpenStax College |
| URL: http://cnx.org/content/m48593/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How Economies Can Be Organized: An Overview of Economic Systems |
| By: OpenStax College |
| URL: http://cnx.org/content/m48594/1.9/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Choice in a World of Scarcity |
| By: OpenStax College |
| URL: http://cnx.org/content/m48602/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How Individuals Make Choices Based on Their Budget Constraint |
| By: OpenStax College |
| URL: http://cnx.org/content/m48605/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Production Possibilities Frontier and Social Choices |
| By: OpenStax College |
| URL: http://cnx.org/content/m48607/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Confronting Objections to the Economic Approach |
| By: OpenStax College |
| URL: http://cnx.org/content/m48608/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Demand and Supply |
| By: OpenStax College |
| URL: http://cnx.org/content/m48628/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Demand, Supply, and Equilibrium in Markets for Goods and Services |
| By: OpenStax College |
| URL: http://cnx.org/content/m48629/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Shifts in Demand and Supply for Goods and Services |
| By: OpenStax College |
| URL: http://cnx.org/content/m48630/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Changes in Equilibrium Price and Quantity: The Four-Step Process |
| By: OpenStax College |
| URL: http://cnx.org/content/m48631/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Price Ceilings and Price Floors |
| By: OpenStax College |
| URL: http://cnx.org/content/m48632/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Labor and Financial Markets |
| By: OpenStax College |
| URL: http://cnx.org/content/m48636/1.7/ |
| Copyright: OpenStax College and Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Demand and Supply at Work in Labor Markets |
| By: OpenStax College |
| URL: http://cnx.org/content/m48637/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Demand and Supply in Financial Markets |
| By: OpenStax College |
| URL: http://cnx.org/content/m48638/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Market System as an Efficient Mechanism for Information |
| By: OpenStax College |
| URL: http://cnx.org/content/m48639/1.8/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Elasticity |
| By: OpenStax College |
| URL: http://cnx.org/content/m48611/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Price Elasticity of Demand and Price Elasticity of Supply |
| By: OpenStax College |
| URL: http://cnx.org/content/m48614/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Polar Cases of Elasticity and Constant Elasticity |
| By: OpenStax College |
| URL: http://cnx.org/content/m48616/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
| Module: Elasticity and Pricing |
| By: OpenStax College |
| URL: http://cnx.org/content/m48618/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Elasticity in Areas Other Than Price |
| By: OpenStax College |
| URL: http://cnx.org/content/m48619/1.10/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Consumer Choices |
| By: OpenStax College |
| URL: http://cnx.org/content/m48640/1.8/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Consumption Choices |
| By: OpenStax College |
| URL: http://cnx.org/content/m48641/1.9/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How Changes in Income and Prices Affect Consumption Choices |
| By: OpenStax College |
| URL: http://cnx.org/content/m48642/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Labor-Leisure Choices |
| By: OpenStax College |
| URL: http://cnx.org/content/m48643/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Intertemporal Choices in Financial Capital Markets |
| By: OpenStax College |
| URL: http://cnx.org/content/m48644/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Cost and Industry Structure |
| By: OpenStax College |
| URL: http://cnx.org/content/m48620/1.8/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Explicit and Implicit Costs, and Accounting and Economic Profit |
| By: OpenStax College |
| URL: http://cnx.org/content/m48621/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Structure of Costs in the Short Run |
| By: OpenStax College |
| URL: http://cnx.org/content/m48625/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Structure of Costs in the Long Run |
| By: OpenStax College |
| URL: http://cnx.org/content/m48626/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Perfect Competition |
| By: OpenStax College |
| URL: http://cnx.org/content/m48645/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Perfect Competition and Why It Matters |
| By: OpenStax College |
| URL: http://cnx.org/content/m48646/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
| Module: How Perfectly Competitive Firms Make Output Decisions |
| By: OpenStax College |
| URL: http://cnx.org/content/m48647/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Entry and Exit Decisions in the Long Run |
| By: OpenStax College |
| URL: http://cnx.org/content/m48648/1.3/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
| Module: Efficiency in Perfectly Competitive Markets |
| By: OpenStax College |
| URL: http://cnx.org/content/m48649/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to a Monopoly |
| By: OpenStax College |
| URL: http://cnx.org/content/m48650/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How Monopolies Form: Barriers to Entry |
| By: OpenStax College |
| URL: http://cnx.org/content/m48651/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How a Profit-Maximizing Monopoly Chooses Output and Price |
| By: OpenStax College |
| URL: http://cnx.org/content/m48652/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Monopolistic Competition and Oligopoly |
| By: OpenStax College |
| URL: http://cnx.org/content/m48658/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Monopolistic Competition |
| By: OpenStax College |
| URL: http://cnx.org/content/m48659/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Oligopoly |
| By: OpenStax College |
| URL: http://cnx.org/content/m48660/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Monopoly and Antitrust Policy |
| By: OpenStax College |
| URL: http://cnx.org/content/m48661/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Corporate Mergers |
| By: OpenStax College |
| URL: http://cnx.org/content/m48662/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
| Module: Regulating Anticompetitive Behavior |
| By: OpenStax College |
| URL: http://cnx.org/content/m48663/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Regulating Natural Monopolies |
| By: OpenStax College |
| URL: http://cnx.org/content/m48666/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Great Deregulation Experiment |
| By: OpenStax College |
| URL: http://cnx.org/content/m48667/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Environmental Protection and Negative Externalities |
| By: OpenStax College |
| URL: http://cnx.org/content/m48668/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Economics of Pollution |
| By: OpenStax College |
| URL: http://cnx.org/content/m48669/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Command-and-Control Regulation |
| By: OpenStax College |
| URL: http://cnx.org/content/m48670/1.3/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
| Module: Market-Oriented Environmental Tools |
| By: OpenStax College |
| URL: http://cnx.org/content/m48671/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Benefits and Costs of U.S. Environmental Laws |
| By: OpenStax College |
| URL: http://cnx.org/content/m48672/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: International Environmental Issues |
| By: OpenStax College |
| URL: http://cnx.org/content/m48673/1.9/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Tradeoff between Economic Output and Environmental Protection |
| By: OpenStax College |
| URL: http://cnx.org/content/m48674/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
| Module: Introduction to Positive Externalities and Public Goods |
| By: OpenStax College |
| URL: http://cnx.org/content/m48675/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Why the Private Sector Under Invests in Innovation |
| By: OpenStax College |
| URL: http://cnx.org/content/m48676/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How Governments Can Encourage Innovation |
| By: OpenStax College |
| URL: http://cnx.org/content/m48678/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Public Goods |
| By: OpenStax College |
| URL: http://cnx.org/content/m48680/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Poverty and Economic Inequality |
| By: OpenStax College |
| URL: http://cnx.org/content/m48681/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Drawing the Poverty Line |
| By: OpenStax College |
| URL: http://cnx.org/content/m48683/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Poverty Trap |
| By: OpenStax College |
| URL: http://cnx.org/content/m48684/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Safety Net |
| By: OpenStax College |
| URL: http://cnx.org/content/m48685/1.2/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Income Inequality: Measurement and Causes |
| By: OpenStax College |
| URL: http://cnx.org/content/m48686/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Government Policies to Reduce Income Inequality |
| By: OpenStax College |
| URL: http://cnx.org/content/m48687/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Issues in Labor Markets: Unions, Discrimination, Immigration |
| By: OpenStax College |
| URL: http://cnx.org/content/m48689/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Unions |
| By: OpenStax College |
| URL: http://cnx.org/content/m48691/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Employment Discrimination |
| By: OpenStax College |
| URL: http://cnx.org/content/m48692/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Immigration |
| By: OpenStax College |
| URL: http://cnx.org/content/m48693/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Information, Risk, and Insurance |
| By: OpenStax College |
| URL: http://cnx.org/content/m48694/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Problem of Imperfect Information and Asymmetric Information |
| By: OpenStax College |
| URL: http://cnx.org/content/m48695/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
| Module: Insurance and Imperfect Information |
| By: OpenStax College |
| URL: http://cnx.org/content/m48696/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Financial Markets |
| By: OpenStax College |
| URL: http://cnx.org/content/m48697/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How Businesses Raise Financial Capital |
| By: OpenStax College |
| URL: http://cnx.org/content/m48698/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How Households Supply Financial Capital |
| By: OpenStax College |
| URL: http://cnx.org/content/m48699/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: How to Accumulate Personal Wealth |
| By: OpenStax College |
| URL: http://cnx.org/content/m48700/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Introduction to Public Choice |
| By: OpenStax College |
| URL: http://cnx.org/content/m48701/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Voter Participation and Costs of Elections |
| By: OpenStax College |
| URL: http://cnx.org/content/m48702/1.3/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Special Interest Politics |
| By: OpenStax College |
| URL: http://cnx.org/content/m48703/1.4/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Flaws in the Democratic System of Government |
| By: OpenStax College |
| URL: http://cnx.org/content/m48704/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: The Use of Mathematics in Principles of Economics |
| By: OpenStax College |
| URL: http://cnx.org/content/m48831/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Demand, Supply, and Efficiency |
| By: OpenStax College |
| URL: http://cnx.org/content/m48832/1.7/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/4.0/ |
| Module: Indifference Curves |
| By: OpenStax College |
| URL: http://cnx.org/content/m48833/1.6/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
| Module: Present Discounted Value |
| By: OpenStax College |
| URL: http://cnx.org/content/m48834/1.5/ |
| Copyright: Rice University |
| License: http://creativecommons.org/licenses/by/3.0/ |
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