Microeconomics ISE

David Colander was a distinguished College Professor at Middlebury College. He has authored, coauthored, or edited over 40 books and over 150 articles on a wide range of economic topics.He earned his B.A. at Columbia College and his M.Phil. and Ph.D. at Columbia University. He studied at the University of Birmingham in England and at Wilhelmsburg Gymnasium in Germany. Professor Colander has taught at Columbia University, Vassar College, the University of Miami, and Princeton University as the Kelley Professor of Distinguished Teaching. He was also a consultant to Time-Life Films, a consultant to Congress, a Brookings Policy Fellow, and Visiting Scholar at Nuffield College, Oxford.He has been president of both the History of Economic Thought Society and the Eastern Economics Association. He has also served on the editorial boards of theJournal of Economic Perspectives, The Journal of Economic Education, The Journal of Economic Methodology, The Journal of the History of Economic Thought, The Journal of Socio-Economics, and The Eastern Economic Journal.He was chair of the AEA Committee on Electronic Publishing, a member of the AEA Committee on Economic Education, and was associate editor for content of the Journal of Economic Education.He was married to a pediatrician, Patrice. In their spare time, the Colanders designed and built an oak post-and-beam house on a ridge overlooking the Green Mountains to the east and the Adirondacks to the west. The house is located on the site of a former drive-in movie theater. They lived in both Florida and Vermont until Colander passed away in December of 2023.

• PART I: INTRODUCTION: THINKING LIKE AN ECONOMISTChapter 1: Economics and Economic ReasoningChapter 2: The Production Possibility Model, Trade, and Globalization Appendix: Graphish: The Language of GraphsChapter 3: Economic Institutions Appendix: The History of Economic SystemsChapter 4: Supply and DemandChapter 5: Using Supply and Demand Appendix: Algebraic Representation of Supply, Demand, and EquilibriumPART II: MICROECONOMICSTHE POWER OF TRADITIONAL ECONOMIC MODELS Chapter 6: Describing Supply and Demand: ElasticitiesChapter 7: Taxation and Government InterventionChapter 8: Market Failure versus Government FailureINTERNATIONAL ECONOMIC POLICY ISSUESChapter 9: Comparative Advantage, Exchange Rates, and GlobalizationChapter 10: International Trade Policy PRODUCTION AND COST ANALYSISChapter 11: Production and Cost Analysis IChapter 12: Production and Cost Analysis IIAppendix: Isocost/Isoquant AnalysisMARKET STRUCTUREChapter 13: Perfect CompetitionChapter 14: Monopoly and Monopolistic CompetitionAppendix: The Algebra of Competitive and Monopolistic FirmsChapter 15: Oligopoly and Antitrust PolicyChapter 15W: Politics and Economics: The Case of Agricultural MarketsChapter 16: Real-World Competition and TechnologyFACTOR MARKETSChapter 17: Work and the Labor MarketAppendix: Derived Demand Chapter 17W: Nonwage and Asset Income: Rents, Profits, and Interest Chapter 18: Who Gets What? The Distribution of IncomeCHOICE AND DECISION MAKINGChapter 19: The Logic of Individual Choice: The Foundation of Supply and DemandAppendix: Indifference Curve AnalysisChapter 20: Game Theory, Strategic Decision Making, and Behavioral EconomicsAppendix: Game Theory and OligopolyMODERN ECONOMIC THINKINGChapter 21: Thinking Like a Modern EconomistChapter 22: Behavioral Economics and Modern Economic PolicyChapter 23: Microeconomic Policy, Economic Reasoning, and Beyond