Economics (Irwin Series in Economics)

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9780256137996: Economics (Irwin Series in Economics)
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How much do you know about the economy? Different politicians tell us what they are going to do, but does it make any sense economically? There are rules of economics that are mostly very common sense and don't change much over time, like the law of supply and demand. It might be a smart move to have this book on your shelf to give you an important reference. Economics is renowned for its conversational writing style, and for treating standard economic concepts as tools for making judgments as opposed to inflexible rules. This latest edition features updated international analysis along with more in-depth coverage of increasingly vital outsourcing issues than any other principles text. A new discussion of behavioral economics includes an examination of the work of Richard Thaler, the ultimatum game, and the status quo bias.

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About the Author:

David Colander has been the Christian A. Johnson Distinguished Professor of Economics at Middlebury College, Middlebury, Vermont since 1982. He previously taught at Columbia University, Vassar College, and the University of Miami. Professor Colander has authored, co-authored, or edited more than 35 books and 100 articles on a wide range of topics. His books have been, or are being, translated into a number of different languages, including Chinese, Bulgarian, Polish, Italian, and Spanish. He is a former President of both the Eastern Economic Association and History of Economics Society and is, or has been, on the editorial boards of the Journal of the History of Economic Thought, Journal of Economic Methodology, Eastern Economic Journal, Journal of Economic Education, The Journal of Socioeconomics, and Journal of Economic Perspectives. He has also been a consultant to Time-Life Films, the U.S. Congress, a Brookings Policy Fellow, and a Visiting Scholar at Nuffield College, Oxford. In 2001 2002 he was the Kelly Professor of Distinguished Teaching at Princeton University.

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