By  R. Preston McAfee, California Institute of Technology 2006, TEXTBOOK

A free, open source textbook that covers both introductory and intermediate material. It also introduces many topics that are usually missed by intermediate courses, like risk aversion, multi-tasking, land price gradients, and fishing to extinction.

This book presents introductory economics ("principles") material using standard mathematical tools, including calculus. It is designed for a relatively sophisticated undergraduate who has not taken a basic university course in economics. It also contains the standard intermediate microeconomics material and some material that ought to be standard but is not. The book can easily serve as an intermediate microeconomics text. The focus of this book is on the conceptual tools and not on fluff. Most microeconomics texts are mostly fluff and the fluff market is exceedingly over-served by $100+ texts. In contrast, this book reflects the approach actually adopted by the majority of economists for understanding economic activity. There are lots of models and equations and no pictures of economists.

Download Full Book: Introduction to Economic Analysis

Pdf format, 2.6mb, 328pages

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Endorsements:

"Let me say that your creative commons Ec 11 text is awesome. Its so much better than anything else out there I've seen... better than MIT's open courseware, and basically every other 'intro to ec' book I've skimmed. It's the Ec book I wish I had... only in my later readings of more advanced books (like Kreps' Microeconomics and The Mathematical Structure of Economics) did I find the cool topics from your book (like auction theory, etc.). However, those either had tons of fluff (especially mathematical fluff) or were all theory without the interesting demographics." 

--Ryan McCorvie, fixed income strategist at a top investment bank

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