Curated list of links to resources for pre-university and introductory university courses, on basic concepts of economics (and why economics is worth learning), macro, micro and personal finance.
Online Text and Notes in Principles of Microeconomics
This is a free and open set of course materials released by the Saylor Foundation, an educational charity, under a CC-BY licence, having been reviewed by three subject-matter experts. It is based on other free resources including Khan Academy videos and the free textbook "Principles of Microeconomics" by Rittenberg and Tregarthen. The material is arranged into seven units: "Introduction to Economics: What Is It?", "Supply and Demand", "Markets and Individual Maximizing Behavior", "The Consumer", "The Producer", "Market Structure: Competitive and Non-competitive Markets", and"Resource Markets".
This textbook is both freely available and extensively peer-reviewed. With 22 chapters, it aims to cover a one-semester course. It claims "a balanced approach to economics and to the theory and application of economics concepts." Though officially published in March 2014, it has had updates to reflect current events. Its US origin is reflected in the choice of examples. It can be freely downloaded or viewed in a variety of formats, and an interactive version is available through the Apple iBookstore. A test bank, set of PowerPoint slides, and solutions booklet are available to lecturers on request.
This is a set of hyperlinked mindmaps, including textual notes, images and hyperlinks, starting with Economic Environment of business. Reading the files requires the free MindManager viewer software, which is available for a variety of platforms. Previews of a couple of mind maps are available as PDFs, with reduced functionality.
An open online textbook, divided into 38 chapters, drawn from various open educational sources including MIT Open CouseWare and Wikipedia, and curated by "subject matter experts, like professors, PhDs and Master’s students." One section deals with controversies in economics (with a US focus), such as "should the Government maintain a balanced budget?" Readers with a free login can highlight parts of the text, add notes, or access quizzes or flashcards. The site's FAQ says that paid-for services will be introduced on top of the free access and tools that are already offered.
This is a blog, begun in May 2012, in which Prof. Arvan answers questions from students about Microeconomics (Principles or Intermediate). Posts are organised by date and by topic.
These three sets of worksheets were produced by an Economics Network mini-project. Each consists of a three documents in .doc format. A four-side student handout includes the case study and questions. The other documents are a sheet of answer guidelines and a four-side teaching guide. The topics are "Supermarkets under scrutiny", "Argos/Littlewoods Price fixing Agreement" and "Football shirts: A case of Unfair Competition" Permission is given for unrestricted educational use and alteration.
This is a 167-page introductory textbook written by a graduate student. It is available as a single PDF file, or by section. A separate maths-heavy version (Quantum Microeconomics with Calculus) is also available.
These are the outputs of a mini-project funded by the Economics Network, in which the first-year students at Ulster were given a minimum of lectures, with most teaching time given to Problem-Based Learning. Seven worksheets for PBL tasks are archived on this page, along with a guide sheet for teaching assistants on how to run a PBL meeting and an advice handout to students on How To Keep a Personal Development Report. The final report from the project is also available. The course was based on the Begg textbook, to which the worksheets refer.
A complete online course, adapted from a course delivered on-campus at MIT in the Spring of 2011. It includes a set of lecture videos, assigned readings, problem sets with the solutions explained in videos, and an exam. The course assumes a high-school knowledge of calculus and covers the principles of consumer behaviour, firm behaviour, market structure and policy relevance.
10 lectures by US economists downloadable as streamed video or MP3 audio presentations, with accompanying PowerPoint slides and related papers that pursue the issues in more depth. Two lectures are on growth (Dean Baker, Mark Weisbrot), others on US labour markets (John Schmitt), women in the labour market (Heather Boushey), trade (Mark Weisbrot), intergenerational mobility and life chances (Heather Boushey), the Federal Reserve, asset bubbles and intellectual property (all Dean Baker). The lectures are US-focused and reflect the sometimes market-critical perspective of the Center for Economic Policy and Research, a think-tank founded by Baker and Weisbrot in 1999 with an advisory board including Joseph Stiglitz and Robert Solow (not to be confused with the UK-based Centre for Economic Policy Research).
This is an online economics course produced by Carnegie Mellon University, which provides access to online course workbooks used in the full semester course on economics. This open and free version of the online workbooks does not include access to the virtual online experiments, end-of-module graded exams or to the course instructor. There are seven experiments and related workbooks on topics such as, supply and demand, monopoly and cartels and network externalities.
Economystified was a blog, updated weekly from December 2010 to the Summer of 2014. Each post discusses an economic issue, an economist, or a principle of economic theory, aimed at a lay audience.
Marsh is a Professor of Public Policy. These documents are collections of topical opinion pieces from his blog and can be viewed online or downloaded as PDF. Topics include "Is a little Economics dangerous?", "Economics after the Crash", "Economics and Policy", and "The Problem of Housing Supply."
This set of free downloadable textbooks is aimed at UK economics students. The title includes introductory topics such as the basics of international economics, the neo-classical growth model, econometrics and micro/macro analysis. Users are required to fill in brief personal details before they can download the PDF files of the full text of the books. They range in size from about 20 pages to 150 pages and the authors appear to be mainly European.
This is a 20-chapter textbook for principles level, which can be read for free online, printed out or bought as a paper book. It can also be customised with the site's "Make It Your Own" feature. An appendix gives a basic introduction to graphs and their use in economics. The site also has many digital supplements that are available to verified educators.
A complete book of nearly 900 pages, dating from 1993, with contributions from authors including Thomas Sargent, Joseph Stiglitz, Thomas Schelling, Paul Krugman, and N. Greg Mankiw. The structure covers basic topics, areas of application and ends with some short biographies of economists.
This article, spread across 5 web pages, gives a layman's explanation of the winner's curse in auctions, using the examples of oil drilling rights and star baseball players.
Definitions and short explanations of a variety of microeconomic terms and principles, including some graphs. This site has been created to support revision of AS-level Economics. The link is to the Archive.org copy of the site.
EconPort is a microeconomics digital library funded by the USA's National Science Foundation. This is their online microeconomics textbook with links to relevant software, resources in addition to text. Content under each broad topic is divided into short beginner's introductions to specific concepts, advanced material, commentary on experiments, and links.
Economics and the Environment presents online resources linked to the book of the same title. 'The Problem of the Homeless Salmon', which uses the example of declining fish stocks to probe ideas about common-pool resources, external costs and sustainable depletion, setting out the issues as a detective exercise and ending with multiple-choice questions. Includes the book's Introduction, which outlines market-based solutions to environmental (externality) problems, stressing the importance of property rights and incentives.
This on-line introductory text by Roger Schenk includes both micro- and macro- sections, with about a dozen chapters in each. The text has its own glossary and Who's Who and is available as a CD-ROM. A separate index holds text that has been removed from the main content of the book for flow or because it was too technical.
This course on Microeconomics covers individuals, firms, markets, and industries, including the topics of consumer demand, production, cost, market structures, and factor markets. Included are 20 lessons on microeconomic basics, broken up into small chunks of text. The AmosWorld site also includes a glossary and an online testing system, to which this material is linked.
ECON100 offers various resources to support a number of text books authored or co-authored by Michael Parkin. Included are lecture notes (in PowerPoint, HTML or RTF), online quizzes, and news analysis.
This is a short guide for beginning students to five different kinds of elasticity: Price Elasticity of Demand, Price Elasticity of Supply, Income Elasticity of Demand, Cross Price Elasticity of Demand and Arc Elasticity. Links to the individual pages are to the right of the main article.
The apple market is a sample chapter from the textbook Experiments with economic principles by Bergstrom and Miller (1996), published by McGraw Hill. The chapter takes the student through a one-session experiment to illustrate the concept of the market.
This course website includes exams (with solutions) and lecture notes, both in .pdf format. It supports a course on Economic Theory 101 as taught by : Stefano DellaVigna of University of California, Berkeley, in 2004.
Definitions and short explanations of a variety of Market Failure-related terms and principles, including some graphs. This site has been created to support revision of AS-level Economics. This link is to Archive.org's copy of the site.
The Carbon Tax Center provides an explanation and justification of the carbon tax proposal, which includes useful detail on the general working of Pigovian and 'green' taxes with greenhouse gas emissions as a topical application. The site includes a presentational slide show and short non-technical papers (with supporting links) comparing the tax with market-based (tradable-quota) alternatives, giving evidence for its demand-reducing effects and explaining how its adverse distributional effects could be addressed. Offers subscription to email newsletter.
This course webpage for Principles of Microeconomics at Marietta College as taught by Greg Delemeester includes lecture notes, old exams (multiple-choice and short answer) and individual trivia questions. There are also links to the course syllabus and some key economics websites.
This course web page is a list of files for exams and handouts. The exams are from 2001 to 2003 and are in .pdf format. The handouts are in .pdf and PowerPoint formats. It supports a course on microeconomics as taught by Todd Kaplan of the University of Exeter.
Part of the support materials for Eco 101 - Principles of Microeconomics as taught by John Kane of SUNY Oswego. Notes from twenty lectures are available here as ordinary Web pages with graphics, as Flash videos with an audio narration and as PowerPoint presentations.
A dozen PowerPoint presentations on basic microeconomics, making some use of animation. Topics are: an introduction to the basic concepts, circular flow, a short review of basic math skills for microeconomics, production possibilities, basic supply and demand models, basic concepts of price, income and cross elasticity, the market as an allocation process, utility theory and demand curves, the theory of production and functions, pure competition and the "ideal" of the market, profit maximization, construction of isoquant, and market power.
This is an electronic textbook in progress, amounting to fifteen chapters as of January 2008. It is split into two parts - "Alternative Microeconomics" and "Basic Microeconomics: an outline". Each chapter is available as a PDF download.