This short on-line textbook is based on my notes for ECON 113 (Intermediate Microeconomics I) at Santa Clara University. It covers consumer choice theory, intertemporal decisions, a little behavioral choice theory, competitive equilibrium and efficiency in a pure exchange economy, and uncertainty.
Contents with links
2. Understanding consumer choice: the budget constraint
5. Utility maximization and consumer choice
6. Consumer demand and price changes
7. Applications of rational choice theory
8. Reference points and endogenous preferences
9. Intertemporal choice: borrowing and saving
10. Exchange, efficiency, and equity
11. Uncertainty and information
© 2009, 2010 William A. Sundstrom. This work is licensed under a Creative Commons Attribution- Noncommercial- Share Alike 3.0 United States License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-sa/3.0/