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Microeconomics (Course Guide)

Principles of Microeconomics Course Materials

Textbook Readings

eTextbook Readings | Principles of Economics | OpenStax

NOTE: Be sure to review key terms, concepts, questions, and problems at the end of each chapter!

Domestic and Global Markets

World Markets

Imports and Exports: International Trade

Globalization and Poverty

Assess Your Knowledge

Do you understand how to...?

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  • examine free-trade model of comparative advantage
  • identify trade agreements and organizations (GATT, NAFTA, WTO, EU......)
  • explore arguments opposing free trade (infant industry, market failures, national interests, human rights, environmental parity........)
  • examine protectionist models (quotas, tariffs, embargos, export subsidies)
  • calculate currency exchanges rates
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