Page Text:
An in-depth enquiry on economic subjects cannot always be confined to sharply focused economic papers and essays . Innovative ideas may need a thorough comprehension thanks to books, the most ancient and still the most modern way to cope with complexity.
Download for free these full-text economics books on many subjects and build on them and the related models , empirical data and key concepts , with a keen view to outline and propose appropriate economic policies for our century.
Book: Microeconomics textbook
This site presents you the basic neoclassical consumer theory and its opposite evolutionary alternative , offering empirical papers, downloadable models and data for broad understanding of consumer behaviour , including the decision to repurchase , to save and to cumulate assets , under the influence of advertising . and leveraging the relationship between prices and quantities. This hyper-textual free book covers most of the issues raised in A-level Economics or Economics 101 and goes well beyond, always avoiding higher mathematics but rather offering computer simulations to drill with.
The theory of the firm begins with a new theory of monopoly , in turn contrasted with the standard one , and develops with a discussion of "competition" in substitute goods , coupled with the possible seller's refusal to sell . Central is here the concept of business routines .
The production function is explained and criticised for the case of one productive input. In case of two or more productive inputs, the isoquant concept is presented, given a free software and critically evaluated.
The dynamic intersection between demand and supply is presented in a simple simulation model .
A special section is devoted to poverty , the differences in consumption and cumulative bundle between the rich and the poor , the reasons for poor to pay more than the rich as well as microfinance and remittances .
Book: Macroeconomics textbook: Macroeconomics for beginners
Students of the first year of economics usually learn the basic functioning of the economy thanks to the "IS-LM model" and its modifications. In this site, you will find an overall introduction to the model , its key basic and advanced concepts , (e.g. consumption , investment , public expenditure , trade balance ), a one-page interactive map of their connections, and relevant data from all countries in the world.
More advanced features of macro-economy receive wide explanations, like how business cycle fluctuations and financial fragility are linked to labour market and international trade .
Book: Agent-Based Keynesian Macroeconomics: An Evolutionary Model Embedded in an Agent-Based Computer Simulation