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Microeconomics (Course Guide)

Principles of Microeconomics Course Materials

Production, Costs, and Industry Structure

eTextbook Readings | Principles of Economics | OpenStax

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

Assess Your Knowledge

Do you understand how to...?

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  • distinguish among land, labor, capital, and entrepreneurship
  • calculate marginal revenue products of different resources
  • chronicle the history of the labor movement and labor law
  • identify economic restructuring and the effects on the labor market
  • determine the causes of wage differentiations
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