BETA

Note: This work is under development and has not yet been professionally edited.
If you catch a typo or error, or just have a suggestion, please submit a note here. Thanks!

Intermediate Microeconomics: An Interactive Exploration

Christopher R. Makler

Foreword

Part I: Scarcity and Choice

1

Introduction

2

Technology and Production Functions

3

Resource Constraints and Production Possibilities

4

Preferences and Utility Functions

5

Constrained Optimization when Calculus Works

6

Constrained Optimization when Calculus Doesn't Work

Part II: Consumer Theory

7

Utility Maximization Subject to a Budget Constraint

8

Demand

9

Income and Substitution Effects of a Price Change

10

Welfare Effects of a Price Change

Part III: The Theory of the Firm

11

Production and Cost

12

Profit Maximization

13

Output Supply and Input Demands for a Competitive Firm

Part IV: Competitive Equilibrium

14

Partial Equilibrium

15

Welfare Analysis of Equilibrium

16

Relationships Between Markets

17

The Circular Flow and General Equilibrium

Part V: Exchange

18

Trading from an Endowment

19

Labor Supply

20

Intertemporal Choice

21

Uncertainty and Risk

22

The Edgeworth Box

Mathematical Appendices

A

Multivariable Calculus

B

Optimization

C

Elasticity