Principles of Economics

This book serves as a brief introduction to microeconomics and macroeconomics. Only some basic ideas are covered in a simple way. Therefore, there are no prerequisites for this book. If you would like to learn microeconomics and macroeconomics in more details, you may read other related Wikibooks, e.g. Principles of Microeconomics and Macroeconomics.

Preface

 * To the Student [[File:100%.svg]]
 * What is Economics? [[File:100%.svg]]
 * What kind of economist are you? [[File:100%.svg]]

Introduction
/Thinking Like An Economist/
 * /Scarcity/ [[File:100%.svg]]
 * /Economic Modeling/
 * /Assumptions Economists Make/
 * /Allocation/ [[File:100%.svg]]
 * /Perfect Competition/ [[File:100%.svg]]
 * /Cautions/ [[File:100%.svg]]

/Specialization and Gains From Trade/
 * /Production Possibilities/

/Market Forces/
 * /Competition/
 * /Demand/
 * /Supply/

Microeconomics
/Consumer Behavior/
 * /Utility/ [[File:100%.svg]]
 * /Marginal Utility/ (req. Utility) [[File:100%.svg]]
 * /Opportunity Costs/ (req. Allocation, Marginal utility) [[File:100%.svg]]
 * /Demand Laws/ (req. Opportunity costs) [[File:100%.svg]]
 * /Elasticity/ [[File:100%.svg]]
 * /Economic Systems/

Models

 * /Graphs/ [[File:100%.svg]]
 * /Budget Constraints/ (req. Graphs) [[File:100%.svg]]
 * Production Possibilities (req. Budget constraints, Allocation) [[File:100%.svg]]
 * /Indifference/ (req. Production possibilities, Demand laws) [[File:100%.svg]]
 * /Types of Goods/ (req. Indifference) [[File:100%.svg]]
 * /Budget Compensation/ (req. Indifference) [[File:100%.svg]]
 * Trade and Specialization (req. Production possibilities) [[File:100%.svg]]
 * /Demand/ (req. Indifference) [[File:100%.svg]]
 * /Labor Production/ (req. Budget compensation) [[File:100%.svg]]
 * /Wage/ (req. Labor production) [[File:100%.svg]]
 * /Costs to Firm/ (req. Perfect competition, Labor production) [[File:100%.svg]]
 * /Supply/ (req. Costs to firm) [[File:100%.svg]]
 * /Economies of Scale/ (req. Supply) [[File:100%.svg]]
 * /Supply and Demand/ (req. Demand, Supply) [[File:100%.svg]]
 * /S-D Shifts/ (req. Supply and Demand) [[File:100%.svg]]

Macroeconomics

 * /Macro objectives/ [[File:100%.svg]]
 * /GDP/ [[File:100%.svg]]
 * /Multipliers/ [[File:100%.svg]]
 * /Money Supply/ [[File:100%.svg]]
 * /Money/ [[File:100%.svg]]
 * /Monetary Policy/ [[File:100%.svg]]
 * /Fiscal Policy/ [[File:100%.svg]]
 * /Taxation/ [[File:100%.svg]]
 * /Interest Rates/ [[File:100%.svg]]
 * /Inflation/ [[File:00%.svg]]

Models

 * Laffer Curve [[File:100%.svg]]
 * Keynesian Cross Model [[File:100%.svg]]
 * Aggregate Supply & Demand Model (ASAD) [[File:100%.svg]]
 * Investment Savings Model (IS) [[File:00%.svg]]
 * Money Demand Model (MD) [[File:00%.svg]]
 * Liquidity Trap Money Model [[File:100%.svg]]
 * Investment Savings Loan Money model (ISLM) [[File:100%.svg]]
 * Philips Curve [[File:100%.svg]]
 * Back-ward Bending Labor Supply Curve [[File:100%.svg]]
 * Solow Growth Model [[File:00%.svg]]

Appendices

 * Special contributions to this work [[File:100%.svg]]