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ECN 2020 Principles of Microeconomics: Home

Information about resources for Microeconomics

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  • Absolute advantage
  • Adverse selection
  • Asymmetric information
  • Auctioning of pollution permits
  • Buyer's reservation price
  • Cash on the table
  • Comparative advantage
  • Conspicuous consumption
  • Consumer surplus
  • Cost-benefit principles
  • Costly-to-fake principle / signaling
  • Credibility/ Commitment device
  • Cross Price Elasticity of demand
  • Decision Tree
  • Efficiency principle
  • Externality (positive  or negative)
  • Financing of public good
  • First-dollar principle insurance / HMO
  • Flat tax / regressive tax / proportional tax / progressive tax
  • Game Theory
  • Housing shortages (rent control)
  • Income elasticity of demand
  • International trade
  • Invisible hand theory (or Adam Smith) 
  • Labor surplus (minimum wage law)
  • Lemons model
  • Low barriers to entry
  • Low hanging fruit principles
  • Market failures / government interventions
  • Monopoly /  Deadweight Loss
  • Moral Hazard
  • Oligopoly / Oligopolistic firm behavior
  • Opportunity cost
  • Outsourcing
  • Perfectly elastic demand/supply
  • Perfectly inelastic demand/supply
  • Positional externality
  • price ceiling
  • Price Elasticity of demand/supply
  • Price floor 
  • Price taker
  • Producer surplus
  • Production possibility curve
  • Public good - excludability and non-rivalry
  • Seller's reservation price
  • Statistical discrimination
  • Strategic interactions
  • Trade and Protectionism / tariff & quota
  • Tragedy of commons  
  • Welfare programs 

Getting Started...

This purpose of this guide is to assist students conducting research in microeconomics. You may use this guide to find a variety of resources available in the Library both in print and electronic format. Navigate the tabs above to see specific types of resources that are available.

Depending on the topic in macroeconomics you are interested in researching, you will most likely be using the Business Source Ultimate database for current information and articles. You have access to this and all electronic resources or databases, through the Mary Livermore Library website and is accessible at any internet computer in the world. You will be able to access newspapers, journals and other sophisticated sources free of charge via the library website.

The Internet is also a good place to get some ideas, but for reliable business research you will want to use resources provided by the Library, some of your information should originate from searching the Library's Electronic Resources.

Useful Resources

Here are some topics by industry you may want to search:

·         Healthcare

·         Education

·         Environment  

·         Climate (e.g. global warming,  Superstorm Sandy)

·         Social & welfare programs

·         Sports (Baseball, basketball, football, etc)

·         Utilities /power / water

·         Telecommunications  (e.g. landline, Smartphone, etc)

·         e-books

·         Fishing

·         Farming / cattle ranch

·         Recycling

·         Co2 emissions

·         Minimum Wage Act of 2013

·         Patient Protection and Affordable Care Act (2010)

·         Terrorism & counter-terrorism (i.e. Boston Marathon of 2013)

·         Harvest Paradox

·         Outsourcing

·         Conspicuous consumption in fashion

·         Conspicuous consumption in education

These books in the Reference Collection may assist you in gaining a background on concepts and terms used in macroeconomics.


Country studies may be found in the Business Source Complete database by selecting Country Report under Publication Type. Add the name of the country in the search box.

The following is a list of the most widely used databases for finding articles on microeconomics.