© Scott McDonald

Microeconomic Notes

Below are links to a set of microeconomic notes. These are not a replacement for a good microeconomics text book, e.g., Gravelle, H. And Rees, R., Microeconomics, 3rd ed (Prentice Hall) or Nicholson, W., Microeconomic Theory: Basic Principles and Extensions, 9th ed (Thompson). However, general equilibrium theory has gone out of favour in all too many microeconomics textbooks, so these notes are provided in case they might prove useful.

Consumer Choice & Demand

Household as Supplier

Price changes and consumer welfare

Technology and Production

General Equilibrium Theory