45 Economics

Economics (ECO)

Boundless Economics∗

Lumen Learning

Licence: CC BY-SA 4.0

Introductory course to economics.

Formats: Online and EPUB

Includes: Quiz files and lecture slides

Suggested for:
ECO 1102 Introduction to Macroeconomics
ECO 1104 Introduction to Microeconomics
Section on “Natural Resources Economics” for ECO 2118 Introduction to Environmental and Natural Resources Economics
Sections on “International Trade” and “Open Economy Macroeconomics” for ECO 2121 Introduction to International Economics
Section on “Health Care Economics” for ECO 3125 Introduction to Health Economics

 

Demography and Economics

Anya Hageman with Pauline Galoustian (Queen’s University) 

2023

Licence: CC BY-NC 4.0

This book describes the economic pressures which shape fertility, mortality, and migration; the consequences for a population’s size, growth, age, and sex composition; and how population change in turn affects the economy. Subjects covered include life expectancy, sustainability, and human trafficking. 

Format: Pressbooks webbook

Includes: exercices and answer key

Suggested for:
ECO 2114 Introduction to Labour and Population Economics 

 

Economic Aspects of the Indigenous Experience in Canada∗

Anya Hageman and Pauline Galoustian (Queen’s University)

2021

Licence: CC BY 4.0

In this text we are going to explore the economic history and economic potential of Indigenous peoples in Canada. What institutional arrangements hold them back economically and what institutions assist them going forward? What norms do Indigenous communities hold that inform their priorities and economic behavior? Chapters 1 and 2 introduce the Indigenous Peoples of Canada  – First Nations, Métis and Inuit – and their current demographic and income statistics.  Chapters 3-12 describe their cultures, economies and geopolitics up until the late twentieth century. Chapters 13 and 14 discuss how discrimination against minorities can be modeled and measured.  Finally, Chapters 15+ describe present-day issues in the economic development of Indigenous communities.

Formats: Pressbooks webbook, EPUB, MOBI, and PDF

Suggested for:
ECO 1103 Economic Issues of Indigenous Peoples

 

The Economics of Food and Agricultural Markets, Second Edition∗

Andrew Barkley (Kansas State University)

2019

Licence: CC BY-NC 4.0

The Second Edition of Economics of Food and Agricultural Markets is written for applied intermediate microeconomics courses. The book showcases the power of economic principles to explain and predict issues and current events in the food, agricultural, agribusiness, international trade, labor markets, and natural resource sectors. The field of agricultural economics is relevant, important and interesting. The study of market structures, also called industrial organization, provides powerful, timely, and useful tools for any individual or group making personal choices, business decisions, or public policies in food and agricultural industries.

Readers will benefit from a large number of real-world examples and applications of the economic concepts under discussion. The book introduces economic principles in a succinct and reader-friendly format, providing students and instructors with a clear, up-to-date, and straightforward approach to learning how a market-based economy functions, and how to use simple economic principles for improved decision making. The principles are applied to timely, interesting, and important real-world issues through words, graphs, and simple algebra and calculus. This book is intended for students who study agricultural economics, microeconomics, rural development and/or environmental policy.

Formats: Pressbooks webbook, EPUB, MOBI, and PDF

Suggested for:
ECO 2145 Microeconomic Theory II

 

Economics Simulations∗

Amanda Gregg and Tanya Byker (Middlebury College)

Last update: 2022

Licence: CC BY-NC-SA 4.0 (indicated on Github)

This website is an interactive educational application developed to simulate and visualize various statistical concepts: law of large numbers, central limit theorem, confidence intervals, hypothesis testing, ANOVA, joint distributions, least squares, sample distribution of OLS estimators, the OLS estimators are consistent, omitted variable bias, and multiple regression.

Formats: Online and code on Github

Includes: Instructional materials and video walkthroughs

Suggested for:
ECO 2150 Probability and Statistics for Economists

 

The Economy∗

COREecon

2017

Licence: CC BY-NC-ND 4.0 (Note: assigning sections is permitted, but adaptations are not allowed without permission)

This open textbook functions as a standard introduction-to-economics text.

Format: Online

Includes: Exercises and videos

Suggested for:
ECO 1102 Introduction to Macroeconomics
ECO 1104 Introduction to Microeconomics

 

Economy, Society, and Public Policy∗

COREecon

2017

Licence: CC BY-NC-ND 4.0 (Note: assigning sections is permitted, but adaptations are not allowed without permission)

An economics text that has been specifically designed for students from social science, public policy, business and management, engineering, biology, and other disciplines, who are not economics majors. The book is also being used successfully in courses for economics, business, and public policy majors, as well as in economics modules for Philosophy, Politics and Economics (PPE), and masters’ courses in Public Policy.

Format: Online

Includes: Exercises and videos

Suggested for:
ECO 1192 Engineering Economics [as supplementary resource]

 

Financial Impact of Climate Change∗

Todd Thexton (Royal Roads University)

2021

Licence: CC BY 4.0

This open online course introduces participants to the financial risks and impacts associated with climate change. This four-week course introduces participants to the financial risks and impacts associated with climate change. Participants will explore a range of risk pathways that link climate and economic systems, including:

• physical risks related to direct exposure to climate hazards in the value chain;
• transition risks arising from abrupt transitions to a low-carbon economy;
• systemic risks transmitted throughout the economy;
• extreme risks arising from the complex dynamic nature of climate-economy systems.

Topics will be explored through the use of case study examples, group-based analysis and problem solving. The learning is supported by readings, videos and live, interactive online sessions. Participants are encouraged to share their own knowledge and expertise in group-based discussion forums.

Upon completion of the course, participants will have a foundational understanding of the relationship between climate change and the economy. Participants will develop their ability to identify climate-related financial risks within their own organizations—critical groundwork for effective planning and decision-making for mitigation and adaptation.

As an introductory course, this course is suited to those with limited previous experience in climate-related finance or economics. However, a basic understanding of climate science is presumed.

Formats: Pressbooks webbook, EPUB, and PDF

Includes: Case studies and videos

Suggested for:
ECO 2118 Introduction to Environmental and Natural Resources Economics

 

Future Energy: Opportunities & Challenges∗

Thomas W. Kerlin (University of Tennessee) 

2013

Licence: CC BY 4.0

How can we produce enough sustainable energy while avoiding unacceptable environmental consequences? To evaluate the various energy options, we must understand the science of each potential energy source and energy use technology. This book presents the science in an easy-to-understand way to enable readers to make informed decisions about what is possible and practical, and to choose lifestyle options to implement in their personal lives.

Format: PDF

Reviews: Open Textbook Library

Suggested for:
ECO 2118 Introduction to Environmental and Natural Resources Economics

 

Intermediate Microeconomics: Interactive Question Bank∗

Zhen He (McMaster University)

2021

Licence: CC BY-NC 4.0

This open resource question bank provides problem sets for students of Intermediate Microeconomics. 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. Problem sets are 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.

Format: Pressbook webbook

Suggested for:
ECO 2144 Microeconomic Theory I
ECO 2145 Microeconomic Theory II

 

Statistics 250 – Introduction to Statistics and Data Analysis∗

Brenda Gunderson (University of Michigan)

Revised September 2015

Licence: CC BY-NC-SA 3.0

This class covers applied statistical methodology from an analysis-of-data viewpoint. Topics covered include frequency distributions; measures of location; mean, median, mode; measures of dispersion; variance; graphic presentation; elementary probability; populations and samples; sampling distributions; one sample univariate inference problems, and two sample problems; categorical data; regression and correlation; and analysis of variance. Use of computers in data analysis is also explored.

Formats: PDF and Word

Includes: Labs, Youtube channel, and lecture notes

Suggested for:
ECO 2150 Probability and Statistics for Economists

 

Principles of Economics – 2nd Edition∗

Timothy Taylor (Macalester College), Steven A. Greenlaw (University of Mary Washington), and Eric Dodge (Hanover College) (OpenStax)

2017

Licence: CC BY 4.0

This economics text has been positively-reviewed and has been successfully adopted by other faculty. It covers introductory concepts in economics, from elasticity to inflation. Principles of Economics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.

Formats: Online, PDF, iBooks, and Kindle; online LibreTexts versions (Microeconomics and Macroeconomics)

Includes: Instructor resources, student resources, applications, summaries, exercises, solutions, and group activities

Reviews: Open Textbook Library

Suggested for:
ECO 1102 Introduction to Macroeconomics
ECO 1104 Introduction to Microeconomics

 

Principles of Macroeconomics∗

Douglas Curtis (Trent University) and Ian Irvine (Concordia University) (Lyryx)

Version 2020A

Licence: CC BY-NC-SA 3.0

Principles of Macroeconomics is an adaptation of the text, Macroeconomics: Theory, Markets, and Policy by D. Curtis and I. Irvine, and presents a complete and concise examination of introductory macroeconomics theory and policy suitable for a first introductory course. Examples are domestic and international in their subject matter and are of the modern era — financial markets, monetary and fiscal policies aimed at inflation and debt control, globalization and the importance of trade flows in economic structure, and concerns about slow growth and the risk of deflation, are included. This text is intended for a one-semester course, and can be used in a two-semester sequence with the companion text, Principles of Microeconomics. The three introductory chapters are common to both books.

Formats: Online, PDF, and EPUB

Includes: Instructor resources, student resources, examples, exercises, solutions, summaries, and simulations

Reviews: eCampusOntario Open LibraryBCcampus (for 2017B edition)

Suggested for:
ECO 1102 Introduction to Macroeconomics

 

Principles of Macroeconomic Literacy∗

John Scott (University of North Georgia)

2015

Licence: CC BY-SA 4.0

Principles of Macroeconomic Literacy emphasizes basic economic concepts such as value and cost in developing macroeconomic ideas. Students learn concepts involving credit markets, economic planning, and money through short fictional stories in which characters interact in an attempt to make themselves better off. Where many texts put the student in the position of an imagined macroeconomic policy dictator, Principles of Macroeconomic Literacy attempts to make macroeconomics comprehensible to students who live every day.

Format: PDF

Includes: Thinking exercises

Suggested for:
ECO 1102 Introduction to Macroeconomics

 

Principles of Microeconomics∗

Douglas Curtis (Trent University) and Ian Irvine (Concordia University) (Lyryx)

Version 2020A

Licence: CC BY-NC-SA 3.0

Principles of Microeconomics is an adaptation of the text, Microeconomics: Markets, Methods, and Models by D. Curtis and I. Irvine, which provides concise yet complete coverage of introductory microeconomic theory, application and policy in a Canadian and global environment. This adaptation employs methods that use equations sparingly and do not utilize calculus. The key issues in most chapters are analyzed by introducing a numerical example or case study at the outset. Students are introduced immediately to the practice of taking a data set, examining it numerically, plotting it, and again analyzing the material in that form. The end-of-chapter problems involve numerical and graphical analysis, and a small number of problems in each chapter involve solving simple linear equations (intersecting straight lines). However, a sufficient number of questions is provided for the student to test understanding of the material without working through that subset of questions. This text is intended for a one-semester course, and can be used in a two-semester sequence with the companion text, Principles of Macroeconomics. The three introductory chapters are common to both books.

Formats: Online, PDF, and EPUB

Includes: Instructor resources, student resources, examples, exercises, solutions, summaries, and simulations

Reviews: Open Textbook Library – BCcampus (for 2017B edition)

Suggested for:
ECO 1104 Introduction to Microeconomics

 

Principles of Microeconomics (UVic)∗

Emma Hutchinson (University of Victoria) 

2017, updated 2021

Licence: CC BY 4.0

This book is an adaptation of Principles of Microeconomics originally published by OpenStax. This adapted version has been reorganized into eight topics and expanded to include over 200 multiple choice questions, examples, eight case studies including questions and solutions, and over 200 editable figures.

Formats: Pressbooks webbook, EPUB, MOBI, and PDF

Includes: Questions, solutions, case studies, and editable figures

Reviews: BCcampus

Suggested for:
ECO 1104 Introduction to Microeconomics

 


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OER by Discipline Guide: University of Ottawa (Version 2.0 - June 2022) Copyright © 2022 by Mélanie Brunet and Catherine Lachaîne is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.

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