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Cover of Introduction to Economic Analysis v1.0
March 2009
Page Count: 
ISBN (Digital): 

Introduction to Economic Analysis

Version 1.0
By R. Preston McAfee and Tracy R. Lewis

Included Supplements

Key Features

  • Conceptual approach.
  • Introductory economics materials integrated throughout.
  • Customizable.


Online Access Price:  $33.95
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Introduction to Economic Analysis is a conceptual tool that presents standard intermediate microeconomics, as well as introductory economics material to discuss economic analysis. Standard mathematical tools, including calculus, are used throughout. This text reflects the approach actually adopted by the majority of economists for understanding economic activity.

Instructor’s Manual

Instructor’s Manual

The Instructor’s Manual guides you through the main concepts of each chapter and important elements such as learning objectives, key terms, and key takeaways. Can include answers to chapter exercises, group activity suggestions, and discussion questions.

Instructor’s Manual

PowerPoint Lecture Notes

PowerPoint Lecture Notes

A PowerPoint presentation highlighting key learning objectives and the main concepts for each chapter are available for you to use in your classroom. You can either cut and paste sections or use the presentation as a whole.

PowerPoint Lecture Notes

Test Item File

Test Item File

Need assistance in supplementing your quizzes and tests? Our test-item files (in Word format) contain many multiple-choice, fill-in-the-blank, and short-answer questions.

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R. Preston McAfee California Institute of Technology

R. Preston McAfee is Vice President and Research Fellow at Yahoo! Research, where he heads the Microeconomics Group. He is on leave from his position as the J. Stanley Johnson Professor of Business, Economics and Management at the California Institute of Technology. He is one of the most influential and regularly cited economists in the world today. McAfee regularly teaches business strategy, managerial economics and principles of economics. He is the author of over eighty articles published in scholarly economics journals, many of them on auctions and bidding, and co-author of the book Incentives in Government Procurement. He is currently the editor of Economic Inquiry. McAfee served as one of four economists who edit the American Economic Review, the most prominent economics journal, for over nine years, and helped found Theoretical Economics, an open access journal. He is a Fellow of the Econometric Society. McAfee taught business strategy at the University of Chicago's Graduate School of Business in 2000 and 2001, and is the author of Competitive Solutions: The Strategist's Toolkit, published by Princeton University Press in 2003. McAfee is a recognized expert in industrial organization, and has been hired as a consultant by the U.S. Department of Justice, Antitrust Division and the Federal Trade Commission. McAfee has advised on matters concerning mergers, collusion, price-fixing, electricity pricing, bidding, procurement, and sales of government property. McAfee advised the Federal Trade Commission on the mergers of Exxon and Mobil, and BP and Arco, and testified in the FTC v. Rambus and U.S. v. Oracle on the competitive effects of the Peoplesoft-Oracle merger. Prior to joining Caltech, McAfee was the Murray S. Johnson Chair in Economics at the University of Texas at Austin, and served as department chair in 1998. Previously, McAfee was a visiting professor at Caltech and a professor at the University of Western Ontario. McAfee received the Ph.D. in economics from Purdue University in 1980, Master's degrees in both mathematics and economics in 1978, and a Bachelor's degree in economics, summa cum laude and Phi Beta Kappa, from the University of Florida in 1976.

Tracy R. Lewis Duke University

Tracy R. Lewis is the Martin L Black Professor of Business Administration at the Fuqua School of Business, Duke University, and Director of the Duke University Innovation Center. Other positions held by Dr. Lewis include: James Walter Eminent Scholar in Economics, University of Florida; and Associate Director of Energy Studies, Public Utilities Research Center; Director, Program on Workable Energy Regulation (POWER); Professor of Economics, University of California; Davis, Professor of Economics, University of British Columbia; Assistant Director, Program in Natural Resource Economics; Visiting Associate Professor of Economics, California Institute of Technology; Associate Professor of Economics, University of British Columbia; Brookings Fellow, Washington, DC; Visiting Assistant Professor, University of British Columbia; Assistant Professor, University of Arizona. In addition to the roles above, Dr. Lewis has served as Economic Advisor for the National Research Council, Academy of Sciences. He has been a consultant to numerous organizations including the Florida Attorney General’s Office, the World Bank Project on Abatement of Greenhouse Gases, Florida Power and Light Company, the FTC, the Department of Energy, the Rand Corporation, and many others. Dr. Lewis has published two books, numerous articles, and has served as editor on a wide range of journals including: the Journal of Law Economics and Organization, The B. E. Journals in Industrial Organization, and Review of Network Economics. He has been awarded over fifteen grants, fellowships and awards. Dr. Lewis earned his BA and Ph.D. at the University of California, San Diego.
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