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Full Description
The integrated solutions for Colander ' Microeconomics 10e have been specifically designed to help today's students succeed in the principles of economics course. Colander's trademark colloquial approach focuses on modern economics, institutions, history, and modeling,and is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect. McGraw-Hill's adaptive learning component,LearnSmart, provides assignable modules that help students master core topics. Significant improvements in pedagogy such as reworked end-of-chapter problems, seamless integration within the Connect eBook,and instant feedback on assignments will engage students in the ninth edition like never before and instill the "economic sensibility" necessary to apply economic concepts to the real world.Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.
Contents
PART I INTRODUCTION1 Economics and Economic Reasoning 4 2 The Production Possibility Model, Trade, and Globalization 24 Appendix: Graphish: The Language of Graphs 42 3 Economic Institutions 51 Appendix: The History of Economic Systems 71 4 Supply and Demand 77 5 Using Supply and Demand 100 Appendix: Algebraic Representation of Supply, Demand, and Equilibrium 116 6 Describing Supply and Demand: Elasticities 122 7 Taxation and Government Intervention 142 8 Market Failure versus Government Failure 162 8W Politics and Economics: The Case of Agricultural Markets 183 II INTERNATIONAL ECONOMIC POLICY ISSUES 9 Comparative Advantage, Exchange Rates, and Globalization 184 10 International Trade Policy 203 III PRODUCTION AND COST ANALYSIS 11 Production and Cost Analysis I 224 12 Production and Cost Analysis II 243 Appendix: Isocost/Isoquant Analysis 260 IV MARKET STRUCTURE 13 Perfect Competition 265 14 Monopoly and Monopolistic Competition 285 Appendix: The Algebra of Competitive and Monopolistic Firms 310 15 Oligopoly and Antitrust Policy 312 16 Real-World Competition and Technology 331 V FACTOR MARKETS 17 Work and the Labor Market 351 Appendix: Derived Demand 375 17W Nonwage and Asset Income: Rents, Profits, and Interest 381 18 Who Gets What? The Distribution of Income 382 VI CHOICE AND DECISION MAKING 19 The Logic of Individual Choice: The Foundation of Supply and Demand 407 Appendix: Indifference Curve Analysis 427 20 Game Theory, Strategic Decision Making, and Behavioral Economics 432 Appendix: Game Theory and Oligopoly 452 VII MODERN ECONOMIC THINKING 21 Thinking Like a Modern Economist 457 22 Behavioral Economics and Modern Economic Policy 483 23 Microeconomic Policy, Economic Reasoning, and Beyond 501NER(01): WOW