Microeconomics /
David C. Colander.
- Eleventh edition
- New York, NY : McGraw-Hill Education, c2020.
- xxvi, P-4, 530, G-9, CG-6, I-40 pages : illustrations ; 26 cm
"This International Student Edition is for use outside of the U.S."--Front cover Includes index.
Part I. Introduction: thinking like an economist -- Economics and economic reasoning -- The production possibility model, trade, and globalization -- Appendix: Graphish: the language of graphs -- Economic institutions -- Appendix: The history of economic systems -- Supply and demand -- Using supply and demand -- Appendix: algebraic representation of supply, demand, and equilibrium -- Part II. Microeconomics -- The power of traditional economic models -- Describing supply and demand: elasticities -- Taxation and government intervention -- Market failure versus government failure -- Politics and economics: the case of agricultural -- International economic policy issues -- Comparative advantage, exchange rates, and globalization -- International trade policy -- Production and cost analysis -- Production and cost analysis I -- Production and cost analysis II -- Appendix: Isocost/isoquant analysis -- Market structure -- Perfect competition -- Monopoly and monopolistic competition -- Appendix: The algebra of competitive and monopolistic firms -- Oligopoly and antitrust policy -- Real-world competition and technology -- Factor markets -- Work and the labor market -- Appendix: Derived demand -- Nonwage and asset income: rents, profits, and interest -- Who gets what? The distribution of income -- Choice and decision making -- The logic of individual choice: the foundation of supply and demand -- Appendix: Indifference curve analysis -- Game theory, strategic decision making, and behavioral economics -- Appendix: Game theory and oligopoly -- Modern economic thinking -- Thinking like a modern economist -- Behavioral economics and modern economic policy -- Microeconomic policy, economic reasoning, and beyond.