Colander:Economics, 12e is specifically designed to help todays students succeed in the principles of economics course and grasp economics concepts they can apply in their daily lives.
David Colanders trademark colloquial approach focuses on modern economics, institutions, history, and modeling. He presents and applies economic models, but also encourages students to think about model nuances, building their critical thinking skills and applying models to the real world.
Content in this text is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect. Through Connect and SmartBook, students will find engaging activities, helpful tutorial videos, and learning resources at that moment of need.
INTRODUCTION: THINKING LIKE AN ECONOMIST
Chapter 1: Economics and Economic Reasoning
Chapter 2: The Production Possibility Model, Trade, and Globalization
Chapter 3: Economic Institutions Appendix: The History of Economic Systems
Chapter 4: Supply and Demand
Chapter 5: Using Supply and Demand
PART II: MICROECONOMICS: THE POWER OF TRADITIONAL ECONOMIC MODELS
Chapter 6: Describing Supply and Demand: Elasticities
Chapter 7: Taxation and Government Intervention
Chapter 8: Market Failure versus Government Failure
INTERNATIONAL ECONOMIC POLICY ISSUES
Chapter 9: Comparative Advantage, Exchange Rates, and Globalization
Chapter 10: International Trade Policy
PRODUCTION AND COST ANALYSIS
Chapter 11: Production and Cost Analysis I
Chapter 12: Production and Cost Analysis II
MARKET STRUCTURE
Chapter 13: Perfect Competition
Chapter 14: Monopoly and Monopolistic Competition
Chapter 15: Oligopoly and Antitrust Policy
Chapter 15W: Politics and Economics: The Casls%