Introduction to Economic Analysis is a university microeconomics textbook by Caltech Professor Preston McAfee. It is available free of charge under Creative Commons (an open source) license; under this "license that requires attribution, users can pick and choose chapters or integrate with their own material".
Introduction to Economic Analysis was the first published complete textbook being openly available online. McAfee was named SPARC innovator for year 2009 for making the book freely accessible.
The book has been updated three times since it was first introduced. Version 2 is available online from Professor McAfee.
Version 3 is co-authored with Professor Tracy Lewis of the Fuqua School of Business and was published by Flat World Knowledge in 2009 under a Creative Commons license. Introduction to Economic Analysis is already in use on campuses from Harvard to New York University.
Famous quotes containing the words introduction to, introduction, economic and/or analysis:
“We used chamber-pots a good deal.... My mother ... loved to repeat: “When did the queen reign over China?” This whimsical and harmless scatological pun was my first introduction to the wonderful world of verbal transformations, and also a first perception that a joke need not be funny to give pleasure.”
—Angela Carter (1940–1992)
“My objection to Liberalism is this—that it is the introduction into the practical business of life of the highest kind—namely, politics—of philosophical ideas instead of political principles.”
—Benjamin Disraeli (1804–1881)
“When you overpay small people you frighten them. They know that their merits or activities entitle them to no such sums as they are receiving. As a result their boss soars out of economic into magic significance. He becomes a source of blessings rather than wages. Criticism is sacrilege, doubt is heresy.”
—Ben Hecht (1893–1964)
“Whatever else American thinkers do, they psychologize, often brilliantly. The trouble is that psychology only takes us so far. The new interest in families has its merits, but it will have done us all a disservice if it turns us away from public issues to private matters. A vision of things that has no room for the inner life is bankrupt, but a psychology without social analysis or politics is both powerless and very lonely.”
—Joseph Featherstone (20th century)