Synopses & Reviews
Written in an informal colloquial style, this student-friendly Principles of Microeconomics 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 EconomistChapter 1: Economics and Economic ReasoningChapter 2: The Production Possibility Model, Trade, and Globalization.Chapter 3: Economic institutionsChapter 4: Supply and DemandChapter 5: Using Supply and DemandII: MicroeconomicsI: Microeconomics: The BasicsChapter 6: Describing Supply and Demand: ElasticitiesChapter 7: Taxation and Government InterventionII: Foundations of Supply and DemandChapter 8: The Logic of Individual Choice: The Foundation of Supply and DemandChapter 9: Production and Cost Analysis IChapter 10: Production and Cost Analysis IIIII: Market Structure Chapter 11: Perfect CompetitionChapter 12: MonopolyChapter 13: Monopolistic Competition and Oligopoly IV: Real World CompetitionChapter 14: Game Theory, Strategic Decisions Marking, and Behavioral Economics Chapter 15: Real-World Competition and Technology Chapter 16: Antitrust Policy and RegulationV: Factor MarketsChapter 17: Work and the Labor MarketChapter 17w: Non wage and Asset Income: Rents, Profits, and InterestChapter 18: Who Gets What? The Distribution of IncomeV: Applying Economic Reasoning to PolicyChapter 19: Government Policy and Market FailuresChapter 19w: Politics and Economics: The Case of Agriculture MarketsChapter 20: Microeconomic Policy, Economic Reasoning, and BeyondChapter 21: International Trade Policy, Comparative Advantage, and OutsourcingIII: MacroeconomicsI: Macroeconomic ProblemsChapter 23: Economic Growth, Business Cycles, Unemployment, and InflationChapter 24: National Income AccountingII: The Macroeconomic FrameworkChapter 25: Growth, Productivity, and the Wealth of NationsChapter 26: Aggregate Demand, Aggregate Supply, and Modern MacroeconomicsChapter 27: The Multiplier ModelIII: Money, Inflation, and Monetary PolicyChapter 28: Money, Banking, and the Financial SectorChapter 29: Monetary Policy and the Debate about Macro PolicyChapter 30: Inflation and Its Relationship to Unemployment and Growth IV: Macro Policy in PerspectiveChapter 31: Aggregate Demand Policy in Perspective Chapter 32: Politics, Deficits, and Debt Chapter 33: Macro Policies in Developing Countries V: International Policy IssuesChapter 34: International Financial PolicyChapter 35: Macro Policy in a Global Setting