Principles of Economics
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A Wikibookian suggests that A-level Economics be merged into this book. Discuss whether or not this merger should happen on the discussion page. |
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A Wikibookian suggests that Introduction to Economics be merged into this book. Discuss whether or not this merger should happen on the discussion page. |
This book serves as a brief introduction to microeconomics and macroeconomics. Only some basic ideas are covered in a simple way. Therefore, there are no prerequisites for this book. If you would like to learn microeconomics and macroeconomics in more details, you may read other related Wikibooks, e.g. Principles of Microeconomics and Macroeconomics.
Microeconomics
- Utility
- Marginal Utility (req. Utility)
- Opportunity Costs (req. Allocation, Marginal utility)
- Demand Laws (req. Opportunity costs)
- Elasticity
- Economic Systems
Models
- Graphs
- Budget Constraints (req. Graphs)
- Production Possibilities (req. Budget constraints, Allocation)
- Indifference (req. Production possibilities, Demand laws)
- Types of Goods (req. Indifference)
- Budget Compensation (req. Indifference)
- Trade and Specialization (req. Production possibilities)
- Demand (req. Indifference)
- Labor Production (req. Budget compensation)
- Wage (req. Labor production)
- Costs to Firm (req. Perfect competition, Labor production)
- Supply (req. Costs to firm)
- Economies of Scale (req. Supply)
- Supply and Demand (req. Demand, Supply)
- S-D Shifts (req. Supply and Demand)
Macroeconomics
- Macro objectives
- GDP
- Multipliers
- Money Supply
- Money
- Monetary Policy
- Fiscal Policy
- Taxation
- Interest Rates
- Inflation
