NEW! Questions from Alternate Perspectives End-of-Chapter Feature: Colander's Sixth Edition includes a new feature at the end of every chapter called "Questions from Alternate Perspectives." These special end-of-chapter questions present an opportunity to discuss and analyze the material from the wide range of differing schools of thought in Economics - Feminist Economics, Marxist Economics, Public Choice Theory, the Austrian School, etc. While most Principles of Economics shy away from discussion of the more extreme positions, the Sixth Edition brings them all into the fold so that students can be exposed to all positions, or an instructor can employ them to put his or her particular theoretical spin on the material in the course. For those instructors who prefer a more mainstream approach, the Questions from Alternate Perspectives may easily be skipped.
NEW! Outsourcing Coverage: Colander offers more coverage of outsourcing, perhaps the most important issue in economics for the first years of the 21st Century, than any other Principles text. As he does with all topics, Colander presents the different sides of the outsourcing issue in Chapters 2 and 21 as well as the ramifications of outsourcing, and allows the instructor and the student to come to his or her own conclusions.
NEW! DiscoverEcon with Paul Solman Videos: The new DiscoverEcon is a course management and Economics discovery system that makes the tasks of learning and teaching Economics easier and fun. This enhanced version of DiscoverEcon includes over 250 minutes of video produced by Paul Solman, economics correspondent for the NewsHour with Jim Lehrer. Build a syllabus of automatically graded exercises, essay questions, and graphing and video tutorials with our customizable course templates in a matter of minutes. Customize question sets to a particular page range; grade essay questions in your browser; and download student grades for easy import into your own grading spreadsheet or popular course management program. Go to www.discoverecon.com for more information.
NEW! Updated International Coverage to Reflect Current Global Situations: The author has added a discussion of globalization and the law of one price (Ch 3), streamlined coverage of comparative advantage (Ch 2), and added a discussion of consumer surplus and deadweight loss with straight-line demand and supply curves. The author has also included coverage of European antitrust policy and globalization and interest to Chapter 15. The world is changing and is getting smaller in our open economy, so Dave Colander has ensured that his text has kept up with it. The Colander text is as cutting edge as ever.
NEW! Behavioral Economics: Colander has included a discussion of behavioral economics to Chapter 8. This section includes a discussion of the work of Richard Thaler, the ultimatum game, and the status quo bias.
NEW! Fully Updated: For the Sixth Edition, Colander has updated all the data and made all the necessary changes to topic coverage and examples to keep the book as current and relevant as ever.
To obtain an instructor login for this Online Learning Center, ask your local sales representative.
If you're an instructor thinking about adopting this textbook, request a free copy for review.
2006 McGraw-Hill Higher Education