EconS 101 · Washington State University

Introduction to Microeconomics

A one-semester introduction to microeconomics for undergraduates. Topics: how markets set prices; how consumers and firms make decisions; competition, monopoly, and market power; game theory and strategic behavior; asymmetric information and auctions; and public policy toward externalities and public goods.

Syllabus

Syllabus – EconS 101 (PDF)

Textbook

The course is based on the notes Introduction to Microeconomics by Felix Muñoz-Garcia. The chapter slides, interactive simulators, self-check tutor, and companion app below are designed to pair with the book.

Slides for each chapter (PDF):

Chapter 1: Thinking Like an Economist

Chapter 2: Supply and Demand

Chapter 3: Elasticity and Its Applications

Chapter 4: Government in the Market: Price Controls, Taxes, and Subsidies

Chapter 5: Consumer Preferences

Chapter 6: Consumer Choice, Demand, and Welfare

Chapter 7: Choice under Risk and Uncertainty

Chapter 8: Production

Chapter 9: The Costs of Production

Chapter 10: Perfect Competition

Chapter 11: Monopoly and Market Power

Chapter 12: Pricing Strategies: Price Discrimination and Bundling

Chapter 13: Game Theory I (Simultaneous-Move Games)

Chapter 14: Game Theory II (Sequential and Repeated Games)

Chapter 15: Oligopoly and Imperfect Competition

Chapter 16: Asymmetric Information

Chapter 17: Auctions and Bidding Strategies

Chapter 18: Externalities, Public Goods, and Common Resources

Online tools:

Interactive simulators: PPF, supply and demand, elasticity, cost curves, monopoly, Cournot, and externalities.

Self-check tutor: adaptive multiple-choice questions by chapter, with feedback.

Companion App for instructors: build homework and exams, share a code with your students, track responses, and download the results as an Excel file.

Weekly Review Sessions

Practice exercises with detailed answer keys, one per week.

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