Microeconomics

“Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life” – Tyler Cowen

Free Resources

introductory Microeconomics
  1. Introduction to Microeconomics
  2. The Supply and Demand Model
  3. Elasticities
  4. Consumer and Producer Surplus
  5. Price Controls: Price Ceilings and Floors
  6. Taxes and Subsidies
  7. Why People Trade: Absolute and Comparative Advantage
  8. Tariffs and Quotas

Alternative Resources

video courses
  1. Kahn Academy
    • The Kahn academy offers an incomplete range of free video lectures covering some of the fundamental concepts in microeconomics. The good part is that all videos are well put together and free!
  2. William Spaniel
    • A beautifully done free introduction to game theory on YouTube.

Introduction to Microeconomics

  1. Principles of Microeconomics by N. Gregory Mankiw
    • Mankiw offers introductory textbooks in both macro- and micro- economics. Simply put, it’s also the best introduction to microeconomics textbook that we have seen.

advanced Microeconomics

  1. Microeconomic Theory by Andreu Mas-Colell, Michael D. Whinston and Jerry R. Green
    • This is a standard advanced microeconomics textbook used at the postgraduate level. If you want to do postgraduate course in economics then check this out first! You will end up spending a lot of time with it….