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Introduction To Economic Analysis
''Introduction to Economic Analysis'' is a university microeconomics textbook by Caltech Professor Preston McAfee. It is available free of charge under Creative Commons licenseR. Preston McAfee, Introduction to Economic Analysis', (an open source); under this "license that requires attribution, users can pick and choose chapters or integrate with their own material".Preston McAfee named newest SPARC innovator'', SPARC, January 21, 2009 Introduction to Economic Analysis was the first published complete textbook being openly available online. McAfee was named SPARC innovator for the year 2009 for making the book freely accessible. A revised edition, coauthored with Tracy Lewis of the Fuqua School of Business, was published by Flat World Knowledge and is available online from McAfee's website. A further revision was produced by Donald J. Dale. References External links ''Introduction to Economic Analysis''2009. McAfee, R. Preston and Tracy R. Lewis. Revised and expanded v ...
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Preston McAfee
Randolph Preston McAfee (born July 7, 1956) is an American economist and distinguished scientist at Google. Previously, he served as chief economist at Microsoft. He has also served as an economist at Google, vice president and research fellow at ''Yahoo! Research'', where he led the Microeconomics and Social Systems group, and was the J. Stanley Johnson Professor of Business, Economics, and Management at the California Institute of Technology, where he was the executive officer for the social sciences. He has taught business strategy, managerial economics, and introductory microeconomics. Education and employment McAfee earned a BA in economics from the University of Florida in 1976. He earned MS degrees in both economics and mathematics (1978), and a PhD in economics (1980), from Purdue University. He was a professor of economics at the University of Western Ontario from 1981 to 1990, at the University of Texas from 1990 to 2003, and at Caltech from 2003 to 2009. He has also ...
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Tracy Lewis
Tracy R. Lewis, is a Martin L. Black professor of business administration within the Fuqua School of Business at Duke University. Before arriving at Duke University in 2003, he was the James Walter Eminent Scholar in Economics at the University of Florida. His articles include "An Incentive Approach to Banking Regulation," Journal of Finance, with Ronald Giammarino and David Sappington, 1993. The following papers were also co-authored with Sappington; "Selecting an Agent’s Ability," International Economic Review, 1993; "Ignorance in Agency Problems," Journal of Economic Theory, 1993; and "Incentives for Conservation and Quality-Improvement by Public Utilities," American Economic Review The ''American Economic Review'' is a monthly peer-reviewed academic journal published by the American Economic Association. First published in 1911, it is considered one of the most prestigious and highly distinguished journals in the field of ec ..., 1992. Lewis is perhaps best known as c ...
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Microeconomics
Microeconomics is a branch of mainstream economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics focuses on the study of individual markets, sectors, or industries as opposed to the national economy as whole, which is studied in macroeconomics. One goal of microeconomics is to analyze the market mechanisms that establish relative prices among goods and services and allocate limited resources among alternative uses. Microeconomics shows conditions under which free markets lead to desirable allocations. It also analyzes market failure, where markets fail to produce efficient results. While microeconomics focuses on firms and individuals, macroeconomics focuses on the sum total of economic activity, dealing with the issues of growth, inflation, and unemployment and with national policies relating to these issues. Microeconomics also deal ...
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Flat World Knowledge
FlatWorld is a publisher of college-level textbooks and educational supplements for a worldwide audience founded in 2007 as Flat World Knowledge by Eric Frank and Jeff Shelstad. It was acquired at the end of 2016 by Alastair Adam and John Eielson and its company headquarters was moved from Washington, DC, to Boston, Massachusetts. Following this acquisition, the company rebranded as FlatWorld. __TOC__ Company history In 2007, Flat World Knowledge was founded by Jeff Shelstad and Eric Frank in Nyack, New York. By August 2009, Flat World textbooks had been adopted at 400 colleges for use by 40,000 students. In 2010, Flat World Knowledge moved from Nyack, New York to Irvington, New York. That year, Flat World Knowledge claimed that they would save 150,000 college students $12 million in textbook costs in the 2010–2011 school year after adoptions by more than 1,300 educators as of August 2010. FlatWorld secured $11.5 million in investments through 2010, including an initial $700k a ...
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Microeconomics
Microeconomics is a branch of mainstream economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics focuses on the study of individual markets, sectors, or industries as opposed to the national economy as whole, which is studied in macroeconomics. One goal of microeconomics is to analyze the market mechanisms that establish relative prices among goods and services and allocate limited resources among alternative uses. Microeconomics shows conditions under which free markets lead to desirable allocations. It also analyzes market failure, where markets fail to produce efficient results. While microeconomics focuses on firms and individuals, macroeconomics focuses on the sum total of economic activity, dealing with the issues of growth, inflation, and unemployment and with national policies relating to these issues. Microeconomics also deal ...
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Caltech
The California Institute of Technology (branded as Caltech or CIT)The university itself only spells its short form as "Caltech"; the institution considers other spellings such a"Cal Tech" and "CalTech" incorrect. The institute is also occasionally referred to as "CIT", most notably in its alma mater, but this is uncommon. is a private university, private research university in Pasadena, California. Caltech is ranked among the best and most selective academic institutions in the world, and with an enrollment of approximately 2400 students (acceptance rate of only 5.7%), it is one of the world's most selective universities. The university is known for its strength in science and engineering, and is among a small group of Institute of Technology (United States), institutes of technology in the United States which is primarily devoted to the instruction of pure and applied sciences. The institution was founded as a preparatory and vocational school by Amos G. Throop in 1891 and began ...
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Creative Commons License
A Creative Commons (CC) license is one of several public copyright licenses that enable the free distribution of an otherwise copyrighted "work".A "work" is any creative material made by a person. A painting, a graphic, a book, a song/lyrics to a song, or a photograph of almost anything are all examples of "works". A CC license is used when an author wants to give other people the right to share, use, and build upon a work that the author has created. CC provides an author flexibility (for example, they might choose to allow only non-commercial uses of a given work) and protects the people who use or redistribute an author's work from concerns of copyright infringement as long as they abide by the conditions that are specified in the license by which the author distributes the work. There are several types of Creative Commons licenses. Each license differs by several combinations that condition the terms of distribution. They were initially released on December 16, 2002, by ...
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Open-source License
An open-source license is a type of license for computer software and other products that allows the source code, blueprint or design to be used, modified and/or shared under defined terms and conditions. This allows end users and commercial companies to review and modify the source code, blueprint or design for their own customization, curiosity or troubleshooting needs. Open-source licensed software is mostly available free of charge, though this does not necessarily have to be the case. Licenses which only permit non-commercial redistribution or modification of the source code for personal use only are generally not considered as open-source licenses. However, open-source licenses may have some restrictions, particularly regarding the expression of respect to the origin of software, such as a requirement to preserve the name of the authors and a copyright statement within the code, or a requirement to redistribute the licensed software only under the same license (as in a copy ...
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Scholarly Publishing And Academic Resources Coalition
The Scholarly Publishing and Academic Resources Coalition (SPARC) is an international alliance of academic and research libraries developed by the Association of Research Libraries in 1998 which promotes open access to scholarship. The coalition currently includes some 800 institutions in North America, Europe, Japan, China and Australia. Richard Johnson served as director 1998-2005. Heather Joseph became executive director in 2005. History The idea of SPARC was presented at the 1997 annual meeting of the Association of Research Libraries. Kenneth Frazier, librarian at the University of Wisconsin, proposed that attendees at the meeting develop a fund to create a new publication model for academic journals wherein many libraries contributed to that fund, and from that fund, the contributors would create new publications on some model which lowered the costs of all journals. As founding director, Rick Johnson led the establishment of SPARC in 2002 as a result of so many librarian ...
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Fuqua School Of Business
The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and professional development programs. Its MBA program was ranked the 9th best business school in the US by ''The Economist'' in 2019, and 13th in the US by ''The Financial Times'' in 2022. Fuqua is also currently ranked 6th for having the lowest acceptance rate and 10th for having the highest application yield (percentage that matriculated after being accepted) across the top 50 MBA programs in the US. History Formed in 1969, the Graduate School of Business Administration enrolled its first class of 20 students in 1970. In 1974, Thomas F. Keller, a 1953 Duke graduate, became the graduate school's new dean. In three years, Keller's capital campaign raised $24 million, $10 million of which came from businessman and philanthropist J. B. Fuqua. ...
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Open Textbook
An open textbook is a textbook licensed under an open license, and made available online to be freely used by students, teachers and members of the public. Many open textbooks are distributed in either print, e-book, or audio formats that may be downloaded or purchased at little or no cost.Learn More About Open Textbooks
the Student PIRGs
Part of the broader movement, open textbooks increasingly are seen as a solution to challenges with traditionally published textbooks, such as access and affordability concerns. Open textbooks were identified in the
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Irvington, New York
Irvington, sometimes known as Irvington-on-Hudson,Staff (ndg"The Irvington Gazette (Irvington-On-Hudson, N.Y.) 1907-1969"Library of Congress is a suburban village in the town of Greenburgh in Westchester County, New York, United States. It is located on the eastern bank of the Hudson River, north of midtown Manhattan in New York City, and is served by a station stop on the Metro-North Hudson Line. To the north of Irvington is the village of Tarrytown, to the south the village of Dobbs Ferry, and to the east unincorporated parts of Greenburgh, including East Irvington. Irvington includes within its boundaries the community of Ardsley-on-Hudson, which has its own ZIP code and Metro-North station, but which should not be confused with the nearby village of Ardsley. The population of Irvington at the 2020 census was 6,652. Because many of Irvington's residents – especially those in the upper income brackets – live in Irvington and work in New York City, the village h ...
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