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Written in an informal colloquial style, this student-friendly Principles of Microeconomics textbook does not sacrifice intellectual depth in its quest for accessibility. The author's primary concern is to instill "economic sensibility" in the student. Colander emphasizes the intellectual and historical context to which the economic models are applied.Distinguishing features found within Colander's text are: Cutting Edge and Modern Colloquial Style Narrative Focus on Policy Emphasis on the Importance of Institutions and History Focus on Modeling: Economics is a method of reasoning, not truths. Presents Alternative Perspectives in Economics
Table of Contents
|Introduction: Thinking Like an Economist|
|Economics and Economic Reasoning|
|The Production Possibility Model, Trade, and Globalization|
|Supply and Demand|
|Using Supply and Demand|
|Thinking Like a Modern Economist|
|The Power of Traditional Economic Models|
|Describing Supply and Demand: Elasticities|
|Taxation and Government Intervention|
|International Trade Policy, Comparative Advantage, and Outsourcing|
|Choice and Decision-Making|
|The Logic of Individual Choice: The Foundation of Supply and Demand|
|Game Theory, Strategic Decision Making, and Behavioral Economics|
|Production and Cost Analysis|
|Production and Cost Analysis I|
|Production and Cost Analysis II|
|Monopolistic Competition and Oligopoly|
|Real-World Competition and Technology|
|Antitrust Policy and Regulation|
|Work and the Labor Market|
|W Nonwage and Asset Income: Rents, Profits, and Interest|
|Who Gets What? The Distribution of Income|
|Applying Economic Reasoning to Policy|
|Market Failure versus Government Failure|
|W Politics and Economics: The Case of Agricultural Markets|
|Behavioral Economics and Modern Economic Policy|
|Microeconomic Policy, Economic Reasoning, and Beyond|
|Table of Contents provided by Publisher. All Rights Reserved.|