Updated in Summer 2018, this course provides a strong foundation in microeconomic theory, whether preparing for further study in economics, the social sciences, business, or other disciplines. Designed to help students think like economists, course materials use engaging, real-world examples to explore how individuals and firms make economic choices. Key topics include supply and demand, elasticity, utility, production and costs, and an analysis of types of markets: perfect competition, monopoly, monopolistic competition, and oligopoly. Content coverage also includes public goods and externalities, labor markets, income distribution, globalization and trade, and exchange rates and international finance. An orientation module helps students refresh skills around modeling, graphing, and algebra for economic problem-solving.

This is a low-cost textbook available from FlatWorld Knowledge for introducing microeconomics. The authors have written both a microeconomics and macroeconomics textbook and use integrating themes to present economics so that students realize that it is a unified discipline and not an array of seemingly unrelated topics. The integrating theme for microeconomics is the marginal decision rule, a simple approach to choices that maximize the value of some objective. Following its presentation in an early microeconomics chapter, the marginal decision rule becomes an integrating device throughout the discussion of microeconomics. Instead of a hodgepodge of rules for different market conditions, they give a single rule that can be applied within any market setting.

Additional instructional aides are available for purchase by students. Ancillaries for faculty are available free.

Welcome to Microeconomics! This course is taught using an open education resource book published by Rice University's Openstax program and is offered for free via the generous donations of the following benefactors: the William & Flora Hewlett Foundation, Bill & Melinda Gates Foundation, 20 Million Minds Foundation, Maxfield Foundation, Open Society Foundations, and Rice University.

What are the interactive tools?

Customized active learning tables, graphs, and calculation simulations where students can work to demonstrate their mastery of the concepts and component skills in microeconomics.

Practice versions help them develop mastery, in preparation for the quiz versions which serve as summative assessments.

Xronos is a powerful online learning platform, currently used at UF in the math department. Xronos is based on Ximera, a similar system used at Ohio State University for their Calculus sequence, as well as several other universities around the country.

Precalculus 2e provides a comprehensive exploration of mathematical principles and meets scope and sequence requirements for a typical precalculus course. The text proceeds from functions through trigonometry and ends with an introduction to calculus. The modular approach and the richness of content ensure that the book addresses the needs of a variety of courses. Precalculus 2e offers a wealth of examples with detailed, conceptual explanations, building a strong foundation in the material before asking students to apply what they’ve learned. There are 4 or so chapters on trigonometry.

MyOpenMath is an online course management and assessment system for mathematics and other quantitative fields. MyOpenMath’s focus is providing rich algorithmically generated assessment to support the use of free, open textbooks like the ones listed on OpenTextBookStore.com.

Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom.