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Colanders Economics 11e is specifically designed to help today’s students succeed in the principles of economics course and grasp economics concepts they can apply in their daily lives. Colander’s trademark colloquial approach focuses on modern economics, institutions, history, and modeling. Colander 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 Colander 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.
PART 1: INTRODUCTION: THINKING LIKE AN ECONOMIST
1 Economics and Economic Reasoning
2 The Production Possibilities Model, Trade, and Globalization
3 Economic Institutions
4 Supply and Demand
5 Using Supply and Demand
PART II: MICROECONOMICS
THE POWER OF TRADITIONAL ECONOMIC MODELS
6 Describing Supply and Demand: Elasticities
7 Taxation and Government Intervention
8 Market Failure versus Government Failure
8W Politics and Economics: The Case of Agricultural Markets
INTERNATIONAL ECONOMIC POLICY ISSUES
9 Comparative Advantage, Exchange Rates, and Globalization
10 International Trade Policy
PRODUCTION AND COST ANALYSIS
11 Production and Cost Analysis I
12 Production and Cost Analysis II
MARKET STRUCTURE
13 Perfect Competition
14 Monopoly and Monopolist Competition
15 Oligopoly and Antitrust
16 Real-World Competition and Technology
FACTOR MARKETS
17 Work and the Labor Market
17W Nonwage and Asset Income: Rents, Profits, and Interest
18 Who Gets What? The Distribution of Income
CHOICE AND DECISION MAKING
19 The Logic of Individual Choice: The Foundation of Supply and Demand
20 Game Theory, Strategic Decision Making, and Behavioral Economics
MODERN ECONOMIC THINKING
21 Thinking Like a Modern Economist
22 Behavioral Economics and Modern Economic Policy
23 Microeconomic Policy, Economic Reasoning, and Beyond
PART III: MACROECONOMICS
MACROECONOMIC BASICS
24 Economic Growth, Business Cycles, and Unemployment
25 Measuring and Describing the Aggregate Economy
POLICY MODELS
26 The Keynesian Short-Run Policy Model: Demand-Side Policies
26W The Multiplier Model
27 The Classical Long-Run Policy Model: Growth and Supply-Side Policies
FINANCE, MONEY, AND THE ECONOMY
28 The Financial Sector and the Economy
29 Monetary Policy
30 Financial Crises, Panics, and Unconventional Monetary Policy
TAXES, BUDGETS, AND FISCAL POLICY
31 Deficits and Debt: The Austerity Debate
32 The Fiscal Policy Dilemma
MACROECONOMIC PROBLEMS
33 Jobs and Unemployment
34 Inflation, Deflation, and Macro Policy
INTERNATIONAL MACROECONOMIC POLICY ISSUES
35 International Financial Policy
36 Macro Policy in a Global Setting
37 Structural Stagnation and Globalization
38 Macro Policy in Developing Countries
1 Economics and Economic Reasoning
2 The Production Possibilities Model, Trade, and Globalization
3 Economic Institutions
4 Supply and Demand
5 Using Supply and Demand
PART II: MICROECONOMICS
THE POWER OF TRADITIONAL ECONOMIC MODELS
6 Describing Supply and Demand: Elasticities
7 Taxation and Government Intervention
8 Market Failure versus Government Failure
8W Politics and Economics: The Case of Agricultural Markets
INTERNATIONAL ECONOMIC POLICY ISSUES
9 Comparative Advantage, Exchange Rates, and Globalization
10 International Trade Policy
PRODUCTION AND COST ANALYSIS
11 Production and Cost Analysis I
12 Production and Cost Analysis II
MARKET STRUCTURE
13 Perfect Competition
14 Monopoly and Monopolist Competition
15 Oligopoly and Antitrust
16 Real-World Competition and Technology
FACTOR MARKETS
17 Work and the Labor Market
17W Nonwage and Asset Income: Rents, Profits, and Interest
18 Who Gets What? The Distribution of Income
CHOICE AND DECISION MAKING
19 The Logic of Individual Choice: The Foundation of Supply and Demand
20 Game Theory, Strategic Decision Making, and Behavioral Economics
MODERN ECONOMIC THINKING
21 Thinking Like a Modern Economist
22 Behavioral Economics and Modern Economic Policy
23 Microeconomic Policy, Economic Reasoning, and Beyond
PART III: MACROECONOMICS
MACROECONOMIC BASICS
24 Economic Growth, Business Cycles, and Unemployment
25 Measuring and Describing the Aggregate Economy
POLICY MODELS
26 The Keynesian Short-Run Policy Model: Demand-Side Policies
26W The Multiplier Model
27 The Classical Long-Run Policy Model: Growth and Supply-Side Policies
FINANCE, MONEY, AND THE ECONOMY
28 The Financial Sector and the Economy
29 Monetary Policy
30 Financial Crises, Panics, and Unconventional Monetary Policy
TAXES, BUDGETS, AND FISCAL POLICY
31 Deficits and Debt: The Austerity Debate
32 The Fiscal Policy Dilemma
MACROECONOMIC PROBLEMS
33 Jobs and Unemployment
34 Inflation, Deflation, and Macro Policy
INTERNATIONAL MACROECONOMIC POLICY ISSUES
35 International Financial Policy
36 Macro Policy in a Global Setting
37 Structural Stagnation and Globalization
38 Macro Policy in Developing Countries
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