SBU Econ

SBU Econ / Microeconomics / Textbook

Draft edition

Principles of Microeconomics

A standard undergraduate introduction to microeconomics with an added emphasis on incentives, decentralized coordination, information, property rights, and institutional alternatives.

Publication status: Chapters 1-14 are available as review drafts. They will receive another editorial pass, and the table of contents may continue to evolve before the first complete edition.

Table of contents

Twenty chapters in six parts

Linked chapters are ready for review. Additional chapters will appear as their drafts are completed.

Part I

Foundations

  1. 01Thinking Like an EconomistReview draft
  2. 02Opportunity Cost, Trade, and CoordinationReview draft

Part II

Supply, Demand, and Market Responsiveness

  1. 03Demand and SupplyReview draft
  2. 04Market Equilibrium and Market AdjustmentReview draft
  3. 05Elasticity and Market ResponsivenessReview draft

Part III

Welfare and Policy

  1. 06Consumer Surplus, Producer Surplus, and Market EfficiencyReview draft
  2. 07Taxes and Deadweight LossReview draft
  3. 08Price Controls and RegulationReview draft
  4. 09International Trade and Trade PolicyReview draft

Part IV

Market Failure and Institutions

  1. 10Externalities and Property RightsReview draft
  2. 11Public Goods and Common ResourcesReview draft
  3. 12Information, Uncertainty, and Market DesignReview draft

Part V

Firms and Market Structure

  1. 13Costs and ProductionReview draft
  2. 14Perfect CompetitionReview draft
  3. 15MonopolyIn preparation
  4. 16Monopolistic Competition, Product Differentiation, and AdvertisingIn preparation
  5. 17Oligopoly and Strategic BehaviorIn preparation
  6. 18Factor Markets, Labor, and Income DistributionIn preparation

Part VI

Applied Markets and Economic Organization

  1. 19Health, Medical Care, and InsuranceIn preparation
  2. 20Firms, Platforms, and the Changing EconomyIn preparation