Introduction to Microeconomics: A Focus on Economics in Your Everyday World
Edition: 3
Copyright: 2025
Pages: 520
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$70.00 USD
Introduction to Microeconomics: A Focus on Economics in Your Everyday World is a unique workbook that focuses on the economic concepts that will serve students in the future and will allow them to go further in life. Whether your students want to run a business, manage a division at a major company, or save rhinos from poaching, this workbook is designed to engage students in the material and tie in basic economic concepts to interesting real-world scenarios from my experience as an executive with over a decade of experience working in the cutting edge of both conservation and technology. These concepts are meticulously broken down in a way that allows students the chance to master these economic tools so that when the moment comes for them to use these concepts in the real world they are ready. At its heart, this book is about allowing your student to do more good, while doing well.
If your students are baffled by what is happening, if they think economics is like watching paint dry, I would love you to join the growing ranks of students who have seen success in this unique approach to helping students learn to love and use the power of economics.
Acknowledgements
Introduction
Unit 1: Market Equilibrium
Chapter 1: Why We Trade
Chapter 2: Understanding the Markets: Prices, Quantities, Taxes and Subsidies
Unit 2: Introduction to Firm Theory
Chapter 3: Marginal Analysis and Profit Maximization
In Class Exercises
Chapter 4: Production Decisions in the Short Run
Production Decisions in the Long Run
In Class Exercises
Chapter 5: Firm & Industry Behavior in a Competitive Industry
In Class Exercises
Unit 3: Introduction to Consumer Theory
Chapter 6: Introduction to Indifference Curves and Budget Constraints
In Class Exercises
Chapter 7: How Market Changes and Policies Affect Consumption Bundles: The Substitution and Income Effects
In Class Exercises
Chapter 8: Elasticities and the Substitution and Income Effects
In Class Exercises
Unit 4: Welfare Analysis
Chapter 9: Measuring the Impact from Policies
In Class Exercises
Unit 5: Monopolies
Chapter 10: Monopolies
In Class Exercises
Unit 6: Real World Analysis
Chapter 11: Market Failures & Public and Private Solutions
In Class Exercises
"Stream Access Across the West" Article
Monique Dutkowsky has a B.S. in Economics from Clemson University and a Master’s Degree in Economics from Montana State University. Throughout her career she has focused on helping companies create and execute strategic initiatives and design product lines that have revolutionized everything from wildfire risk analysis at insurance companies to organizational design at wealth management firms.
As a former executive at both a finance tech firm and the oldest and largest market-based conservation research institute in the world, Monique takes a unique approach to helping my students stay engaged with the material by tying economic concepts to interesting real-world scenarios from her experience as a consultant and an executive.
She has been teaching at Montana State University for over ten years and has been twice nominated for Teacher of the Year. She loves helping students succeed and discover the power of economics to improve their world.
In her spare time she loves to ski, camp, run in the mountains of Montana, and of course, try to keep up with her kids and husband.
Introduction to Microeconomics: A Focus on Economics in Your Everyday World is a unique workbook that focuses on the economic concepts that will serve students in the future and will allow them to go further in life. Whether your students want to run a business, manage a division at a major company, or save rhinos from poaching, this workbook is designed to engage students in the material and tie in basic economic concepts to interesting real-world scenarios from my experience as an executive with over a decade of experience working in the cutting edge of both conservation and technology. These concepts are meticulously broken down in a way that allows students the chance to master these economic tools so that when the moment comes for them to use these concepts in the real world they are ready. At its heart, this book is about allowing your student to do more good, while doing well.
If your students are baffled by what is happening, if they think economics is like watching paint dry, I would love you to join the growing ranks of students who have seen success in this unique approach to helping students learn to love and use the power of economics.
Acknowledgements
Introduction
Unit 1: Market Equilibrium
Chapter 1: Why We Trade
Chapter 2: Understanding the Markets: Prices, Quantities, Taxes and Subsidies
Unit 2: Introduction to Firm Theory
Chapter 3: Marginal Analysis and Profit Maximization
In Class Exercises
Chapter 4: Production Decisions in the Short Run
Production Decisions in the Long Run
In Class Exercises
Chapter 5: Firm & Industry Behavior in a Competitive Industry
In Class Exercises
Unit 3: Introduction to Consumer Theory
Chapter 6: Introduction to Indifference Curves and Budget Constraints
In Class Exercises
Chapter 7: How Market Changes and Policies Affect Consumption Bundles: The Substitution and Income Effects
In Class Exercises
Chapter 8: Elasticities and the Substitution and Income Effects
In Class Exercises
Unit 4: Welfare Analysis
Chapter 9: Measuring the Impact from Policies
In Class Exercises
Unit 5: Monopolies
Chapter 10: Monopolies
In Class Exercises
Unit 6: Real World Analysis
Chapter 11: Market Failures & Public and Private Solutions
In Class Exercises
"Stream Access Across the West" Article
Monique Dutkowsky has a B.S. in Economics from Clemson University and a Master’s Degree in Economics from Montana State University. Throughout her career she has focused on helping companies create and execute strategic initiatives and design product lines that have revolutionized everything from wildfire risk analysis at insurance companies to organizational design at wealth management firms.
As a former executive at both a finance tech firm and the oldest and largest market-based conservation research institute in the world, Monique takes a unique approach to helping my students stay engaged with the material by tying economic concepts to interesting real-world scenarios from her experience as a consultant and an executive.
She has been teaching at Montana State University for over ten years and has been twice nominated for Teacher of the Year. She loves helping students succeed and discover the power of economics to improve their world.
In her spare time she loves to ski, camp, run in the mountains of Montana, and of course, try to keep up with her kids and husband.