Winedt 4.02 Software

[Libano Parkes]

QuantumMicroeconomics follows a "building-blocks" approach that builds up from individual optimization to strategic interactions between individuals to competitive market interactions between many individuals, thereby integrating decision theory, game theory, and price theory into a coherent whole. As described in the preface:

In structure this book is not unlike a hiking trip. We start out by putting our boots on and getting our gear together: in Part I we study the optimizing individual. Then we set out on our path and immediately find ourselves hacking through some pretty thick jungle: even simple interactions between just two people (Part II) can be very complicated! As we add even more people (in studying auctions, for example), things get even more complicated, and the jungle gets even thicker. Then a miracle occurs: we add even more people, and a complex situation suddenly becomes simple. After hacking through thick jungle, we find ourselves in a beautiful clearing: competitive markets (Part III) are remarkably easy to analyze and understand.

The basic text, Quantum Microeconomics, is intended for use in introductory classes. A calculus-based version (unimaginatively titled Quantum Microeconomics with Calculus) is available for intermediate courses or math-intensive introductory courses, but it is much less polished. Both versions are covered by a Creative Commons license that establishes simple guidelines under which you (or anyone else) can freely use and/or modify the text for non-commercial purposes.

"Thank you for making your Quantum Microeconomics text available online. I enjoyed it very much and, unlike other economics texts I have started but not finished, I did not find it insulting." -- Chris Gaskett (Cairns, Australia)

Here's the entire textbook (Version 4.02, Jan 2009) in PDF format. If you want an overview, try the front matter, which contains the table of contents and the preface. This text is essentially the material above plus some mathematical supplements; note that the mathematical supplements are much less polished than the non-mathematical material.

Download the zip file containing all the relevant files for Version 4.0 (Sept 2008). As described in the root file, root.tex, different configurations of these files will generate Quantum Microeconomics and Quantum Microeconomics with Calculus. Email me if you have questions, and good luck!

Check out the texts listed at the Economics Network site. (Quantum Microeconomics is listed under "Introductory--Principles of Microeconomics" and "Intermediate Microeconomics".) For an open-source micro text that covers even more stuff than Quantum Microeconomics with Calculus--and is written by an economist much smarter than yours truly--check out Introduction to Economic Analysis by CalTech professor R. Preston McAfee.

The PDF files are set up for double-sided printing, so if you print single sided the pages will look a little funny. And, obviously, the clickable hyperlinks in the text are only usable if you read it online.

Yes! All I ask is (1) that you let me know what you're using it for, and (2) that you (and your students) help improve the text by sending me comments, feedback, constructive criticism, etc. Also, note that use of the text is covered by the copyright provisions described below.

Quantum Microeconomics is covered by a Creative Commons Attribution-NonCommercial license. Basically, this license allows you to use and/or modify the text at no charge for non-commercial purposes provided that you credit this website as the original source.

Quantum Microeconomics is written in LaTeX, a free typesetting program you can learn about from CTAN. I compiled it on a PC using the (free) MiKTeX compiler and the (not free) WinEdt editor/shell, but hopefully it will work on whatever system you have set up.

Good question. On the one hand, I do have a PhD in economics, a track record of teaching economics, and a variety of papers about economics and economics education. On the other hand, some economists clearly have serious problems with what I do in the classroom. You'll have to judge for yourself...

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