Principles of Microeconomics
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Flat World Knowledge is honored to publish a new, first edition re-launch of Tim Tregarthen’s wonderful principles of microeconomics book, and proud to bring Tim's incredible talents as a teacher back to life so future generations of students can continue to learn from him.
In 1996, he published the first edition of his principles of microeconomics textbook to great acclaim, and it became widely used in colleges around the country. That same year, MS made him wheelchair-bound. The disease forced his retirement from teaching at the University of Colorado at Colorado Springs in 1998. He lost the use of his arms in 2001 and has been quadriplegic ever since.
Tim never let his disease get him down. In fact, he turned back to his love of writing and teaching for inspiration. He obtained a voice-activated computer, recruited a co-author, Libby Rittenberg of Colorado College, and turned his attention to revising his principles of economics book.
Today we are excited to introduce Libby Rittenberg and Timothy Tregarthen’s Principles of Microeconomics. The authors teach economics as the study of “choice “ by providing students with an accessible, straightforward overview of economics. This text combines the clarity and writing of Tregarthen's seminal periodical "The Margin" with great teaching insights.
Rittenberg and Tregarthen help students to understand how real individuals actually work with economics. In this new book, the authors illustrate the practicality and relevance of economics with a variety of new illustrations and insights.
The authors take a three-pronged approach to every concept: (1) the concept is covered with a “Heads Up” to ward off confusion, (2) a “You Try It” section makes sure students are staying on top of the concept and (3) a “Case and Point” section that uses a real-world application to harness the concept in reality. For one example of how this plays out in the text see " Chapter 3, Section 2 on Supply. "
This book is intended for a one-semester course in Microeconomics taught out the social sciences or business school.
Table of Contents
- About the Authors
- Acknowledgments
- Preface
- Chapter 1: Economics: The Study of Choice
- Chapter 2: Confronting Scarcity: Choices in Production
- Chapter 3: Demand and Supply
- Chapter 4: Applications of Demand and Supply
- Chapter 5: Elasticity: A Measure of Response
- Chapter 6: Markets, Maximizers, and Efficiency
- Chapter 7: The Analysis of Consumer Choice
- Chapter 8: Production and Cost
- Chapter 9: Competitive Markets for Goods and Services
- Chapter 10: Monopoly
- Chapter 11: The World of Imperfect Competition
- Chapter 12: Wages and Employment in Perfect Competition
- Chapter 13: Interest Rates and the Markets for Capital and Natural Resources
- Chapter 14: Imperfectly Competitive Markets for Factors of Production
- Chapter 15: Public Finance and Public Choice
- Chapter 16: Antitrust Policy and Business Regulation
- Chapter 17: International Trade
- Chapter 18: The Economics of the Environment
- Chapter 19: Inequality, Poverty, and Discrimination
- Chapter 20: Socialist Economies in Transition
- Chapter 21: Appendix A: Graphs in Economics
Tregarthen, Timothy
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Drag-and-drop chapters into a new table of contents that suits your syllabus. Resequence and delete down to the section level!
Even better: Annotate content at the paragraph level, giving you fine grained control over the content to suit your exact needs.
Another benefit: No more being forced to switch to new editions. Ever. You move to new editions when you have time and when you see merit. Not when we do.
We have more to do: More cool features in the works, like adding your own authored content, as well as editing existing content all the way to the sentence level. Stay tuned.
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