Microeconomics

by Colander, David C.

• ISBN13: 9780073343655
• ISBN10: 007334365X
• Edition: 7th
• Format: Paperback
• Copyright: 2007-10-04
• Publisher: McGraw-Hill/Irwin

Summary

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

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

Monopoly

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

Macroeconomics

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.