Principles of Microeconomics
This collection contains the California Open Educational Resources Council (CA OER) list of peer-reviewed textbooks for Principles of Microeconomics (common course-id ECON 201), one of the top 50 college courses identified for inclusion in the California Open Online Library for Education (COOLforEd).
General Course Description: ECON 201
This is an introductory course focusing on choices of individual economic decision-makers. Topics include scarcity, specialization and trade, market equilibrium, elasticity, production and cost theory, market structures, factor markets, and market failure.
Minimum Units: 3.0
Prerequisite(s): Elementary Algebra
Advisories/Recommendations: Intermediate Algebra
Pedagogical Approach & Learning Outcomes
At the conclusion of this course, the student should be able to:
- Utilize the concept of scarcity to explain economic trade-offs, opportunity costs, and rational behavior.
- Calculate and interpret measures of elasticity.
- Demonstrate how markets function and what happens in the presence of market failures.
- Analyze production and costs of the firm.
- Demonstrate how firms attempt to optimize their objectives in response to price signals under a variety of market structures in the short and long-run.
Assessment & Other Information
Assessed written work is recommended for this course and may include any of the following (colleges are encouraged to work with local CSU and UC departments to determine writing requirements):
- Current event analysis
- Term papers
- Essay questions on exams
- Exams and Quizzes containing one or more:
- Multiple Choice questions
- Short answers
- Problem Solving
- Homework Problem Sets
- Debates and class discussion
- Group projects
Principles of Microeconomics 2.0 (Open (Access) Textbook)NOTE: This 2.0 version has a cost to students of either $24 or $49. Version 1.0 is available for free at:... More
Modern Microeconomics (Open (Access) Textbook)Bookboon’s free text authored by Sanjay Rode provides an explanation of modern microeconomic theories with simple... More
Microeconomics: Theory Through Applications (Open (Access) Textbook)Russell and Andrew’s open textbook presents all the theory that is standard in Principles books. But by beginning with... More
Principles of Microeconomics 2e (Open (Access) Textbook)The OpenStax College text authored by Taylor and Greenlaw covers the scope and sequence for a one-semester... More
Principles of Economics (Open (Access) Textbook)This is a free, online textbook from Saylor Foundation. The authors teach economics as the study of choice by providing... More
Principles of Microeconomics 1.0 (Open (Access) Textbook)The authors teach economics as the study of choice by providing students with an accessible, straightforward overview of... More