Microeconomics for Business

This web-based open textbook and course for Microeconomics for Business was created under a Round Eight ALG Textbook Transformation Grant. The text is a remix including newly-created textbook chapters and chapters from OpenStax Principles of Microeconomics. Original chapters are also available for download in the repository. Topics include: Introduction to Economics Demand and Supply in Competitive Markets Elasticity of Demand and Supply Markets and Government Consumer Choice Production, Costs, and Profit Firms’ Decisions under Perfect Competition Monopoly, Rent Seeking, and Antitrust Policies Firms’ Decisions under Monopolistic Competition Market Concentration, Oligopoly, and Firms’ Strategic Interaction