This open resource question bank provides problem sets for students of Intermediate Microeconomics I (Econ2Z03). Questions are also created using H5P, which will allow students to check their understanding of theories efficiently. This question bank can be a supplementary resource for instructors to create interactive quizzes, assignments, exams, and discussion questions. Questions included in this book are revised and edited based on group assignments of Econ2Z03 (C01 & C02, Fall term 2020; and C02, Winter term 2021), Department of Economics, McMaster University.
This book provides problem sets related to the following topics: demand and supply, consumer theory, theory of firm and production, price and output determination under competition and monopoly, and market power analysis.