Synopses & Reviews
Written in an informal colloquial style, this student-friendly Principles of Economics textbook does not sacrifice intellectual depth in its quest for accessibility. The authors primary concern is to instill “economic sensibility” in the student. Colander emphasizes the intellectual and historical context to which the economic models are applied. The seventh edition has been significantly revised to make it simpler, shorter, more organized and more applicable to the real world.
Table of Contents
I: Introduction: Thinking Like An Economist Chapter 1: Economics and Economic Reasoning Chapter 2: The Production Possibility Model, Trade, and Globalization. Chapter 3: Economic institutions Chapter 4: Supply and Demand Chapter 5: Using Supply and Demand II: Microeconomics I: Microeconomics: The Basics Chapter 6: Describing Supply and Demand: Elasticities Chapter 7: Taxation and Government Intervention II: Foundations of Supply and Demand Chapter 8: The Logic of Individual Choice: The Foundation of Supply and Demand Chapter 9: Production and Cost Analysis I Chapter 10: Production and Cost Analysis II III: Market Structure Chapter 11: Perfect Competition Chapter 12: Monopoly Chapter 13: Monopolistic Competition and Oligopoly IV: Real World Competition Chapter 14: Game Theory, Strategic Decisions Marking,and Behavioral Economics Chapter 15: Real-World Competition and Technology Chapter 16: Antitrust Policy and Regulation V: Factor Markets Chapter 17: Work and the Labor Market Chapter 17w:Non wage and Asset Income: Rents, Profits, and Interest Chapter 18: Who Gets What? The Distribution of Income V: Applying Economic Reasoning to Policy Chapter 19: Government Policy and Market Failures Chapter 19w: Politics and Economics: The Case of Agriculture Markets Chapter 20: Microeconomic Policy, Economic Reasoning, and Beyond Chapter 21: International Trade Policy, Comparative Advantage, and Outsourcing III: Macroeconomics I: Macroeconomic Problems Chapter 23: Economic Growth, Business Cycles, Unemployment, and Inflation Chapter 24: National Income Accounting II: The Macroeconomic Framework Chapter 25: Growth, Productivity, and the Wealth of Nations Chapter 26: Aggregate Demand, Aggregate Supply, and Modern Macroeconomics Chapter 27: The Multiplier Model III: Money, Inflation, and Monetary Policy Chapter 28: Money, Banking, and the Financial Sector Chapter 29: Monetary Policy and the Debate about Macro Policy Chapter 30: Inflation and Its Relationship to Unemployment and Growth IV: Macro Policy in Perspective Chapter 31: Aggregate Demand Policy in Perspective Chapter 32: Politics, Deficits,and Debt Chapter 33: Macro Policies in Developing Countries V: International Policy Issues Chapter 34: International Financial Policy Chapter 35: Macro Policy in a Global Setting