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  • Edition: 7th
  • Format: Paperback
  • Copyright: 2007-10-04
  • Publisher: McGraw-Hill/Irwin
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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. The seventh edition has been significantly revised to make it simpler, shorter, more organized and more applicable to the real world.

Table of Contents

Introduction: Thinking like an Economist
Economics and Economic Reasoning
The Production Possibility Model, Trade, and Globalization
Economic institutions
Supply and Demand
Using Supply and Demand
Microeconomics: The Basics
Describing Supply and Demand: Elasticities
Taxation and Government Intervention
Foundations of Supply and Demand
The Logic of Individual Choice: The Foundation of Supply and Demand
Production and Cost Analysis I
Production and Cost Analysis II
Market Structure
Perfect Competition
Monopolistic Competition and Oligopoly
Real World Competition
Game Theory, Strategic Decisions Marking, and Behavioral Economics
Real-World Competition and Technology
Antitrust Policy and Regulation
Factor Markets
Work and the Labor Market 17w: Non wage and Asset Income: Rents, Profits, and Interest
Who Gets What? The Distribution of Income
Applying Economic Reasoning to Policy
Government Policy and Market Failures 19w: Politics and Economics: The Case of Agriculture Markets
Microeconomic Policy, Economic Reasoning, and Beyond
International Trade Policy, Comparative Advantage, and Outsourcing
Macroeconomic Problems
Economic Growth, Business Cycles, Unemployment, and Inflation
National Income Accounting
The Macroeconomic Framework
Growth, Productivity, and the Wealth of Nations
Aggregate Demand, Aggregate Supply, and Modern Macroeconomics
The Multiplier Model
Money, Inflation, and Monetary Policy
Money, Banking, and the Financial Sector
Monetary Policy and the Debate about Macro Policy
Inflation and Its Relationship to Unemployment and Growth
Macro Policy in Perspective
Aggregate Demand Policy in Perspective
Politics, Deficits, and Debt
Macro Policies in Developing Countries
International Policy Issues
International Financial Policy
Macro Policy in a Global Setting
Table of Contents provided by Publisher. All Rights Reserved.

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