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Economics foundations

Choice, markets and the economy, starting with everyday exchange.

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Topics & articlesContents

8 topics
01

Choice & exchange

0 / 2 read
  1. Economic Choice and Analysis
  2. Specialization, Comparative Advantage, and Exchange
02

Prices & trade

0 / 2 read
  1. Market Prices and Elasticity
  2. Surplus, Taxes, and Subsidies
03

Firms & interaction

0 / 3 read
  1. Firm Costs, Pricing, and Competition
  2. Strategic Interaction and Cooperation
  3. Asymmetric Information and Contracts
04

Institutions & distribution

0 / 4 read
  1. Externalities and Social Costs
  2. Public Goods and Common Resources
  3. Labor Markets, Wages, and Employment
  4. Income, Wealth, and Inequality
05

Output & prices

0 / 2 read
  1. GDP and National Income
  2. Price Indexes and Inflation
06

Money & credit

0 / 2 read
  1. Money, Banking, and Credit
  2. Interest, Saving, and Investment
07

Fluctuations & policy

0 / 3 read
  1. Economic Fluctuations and Aggregate Demand
  2. Fiscal Policy
  3. Monetary Policy
08

Trade & growth

0 / 2 read
  1. International Trade and Exchange Rates
  2. Productivity and Economic Growth
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