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Microeconomics + DiscoverEcon with Paul Solman Videos code card

ISBN: 9780073222967 | 0073222968
Edition: 6th
Format: Paperback
Publisher: McGraw-Hill/Irwin
Pub. Date: 7/8/2005

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SummaryTable of ContentsAuthor Biography
An examination of microeconomic models in practical use"Microeconomics explores the strengths and weaknesses of standard models of microeconomics and how they are actually used in policy. Chapters discuss the basics of microeconomics; foundations of supply and demand; market structure and policy; monopolistic competition; distribution of income; and the ways economic reasoning is applied to real-world policy. Sidebars reinforce the economic tools presented, while more then four hours of website-accessible video provide interactive exercises and... MORE
PART I Introduction: Thinking Like An Economist
Economics and Economic Reasoning
4(19)
What Economics Is
... MORE(1)
A Guide to Economic Reasoning
5(6)
Marginal Costs and Marginal Benefits
6(1)
Economics and Passion
7(1)
Opportunity Cost
8(1)
Economic and Market Forces
9(2)
Economic Terminology
11(1)
Economic Insights
11(3)
The Invisible Hand Theory
12(1)
Economic Theory and Stories
13(1)
Microeconomics and Macroeconomics
14(1)
Economic Institutions
14(1)
Economic Policy Options
15(2)
Objective Policy Analysis
16(1)
Policy and Social and Political Forces
17(1)
Conclusion
17(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Trade, Trade-Offs, and Government Policy
23(35)
The Production Possibilities Model
23(8)
A Production Possibility Curve for an Individual
24(2)
A Production Possibility Curve for a Society
26(2)
Increasing Marginal Opportunity Cost
28(1)
Efficiency
29(1)
Distribution and Productive Efficiency
30(1)
Examples of Shifts in the PPC
30(1)
Trade and Comparative Advantage
31(8)
Markets, Specialization, and Growth
32(1)
The Benefits of Trade
32(2)
Comparative Advantage and the Combined PPC
34(1)
U.S. Textile Production and Trade
34(1)
Outsourcing, Trade, and Comparative Advantage
35(4)
Regulating Trade: Institutions, Government, and Trade
39(5)
Roles of Government in a Market
39(3)
Market Failures and Government Failures
42(1)
Regulating Markets Internationally
42(2)
The Production Possibilities Model and Government Policy
44(1)
Conclusion
44(14)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Appendix A Graphish: The Language of Graphs
49(9)
The Evolving U.S. Economy in Perspective
58(32)
The U.S. Economy in Historical Perspective
59(5)
How Markets Work
59(1)
What's Good about the Market?
60(1)
Capitalism and Socialism
60(2)
Evolving Economic Systems
62(2)
The U.S. Economy
64(8)
Business
65(4)
Households
69(1)
Government
70(2)
The U.S. Economy and Globalization
72(8)
Global Corporations
73(2)
Global Markets
75(1)
Surviving in a Global Economy
76(2)
Does Globalization Eliminate Jobs?
78(1)
Globalization and the Law of One Price
78(2)
Dealing with Globalization
80(1)
Conclusion
80(10)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Appendix A: The History of Economic Systems
84(6)
Supply and Demand
90(24)
Demand
90(6)
The Law of Demand
91(1)
The Demand Curve
91(1)
Shifts in Demand versus Movements along a Demand Curve
92(1)
Shift Factors of Demand
92(1)
A Review
93(1)
The Demand Table
94(1)
From a Demand Table to a Demand Curve
94(1)
Individual and Market Demand Curves
95(1)
Supply
96(6)
The Law of Supply
97(1)
The Supply Curve
98(1)
Shifts in Supply versus Movements along a Supply Curve
98(1)
Shift Factors of Supply
99(1)
A Shift in Supply versus a Movement along a Supply Curve
99(1)
A Review
100(1)
The Supply Table
100(1)
From a Supply Table to a Supply Curve
101(1)
Individual and Market Supply Curves
101(1)
The Interaction of Supply and Demand
102(5)
Equilibrium
103(1)
What Equilibrium Isn't
103(1)
Excess Supply
103(1)
Excess Demand
103(1)
Price Adjusts
104(1)
The Graphical Interaction of Supply and Demand
104(1)
Political and Social Forces and Equilibrium
105(1)
Shifts in Supply and Demand
106(1)
The Limitations of Supply/Demand Analysis
107(1)
Conclusion
108(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Using Supply and Demand
114(26)
Real-World Supply and Demand Applications
114(7)
The Market for Advertising
114(2)
The Price of a Foreign Currency
116(1)
Three Real-World Examples
117(3)
A Review
120(1)
Government Intervention in the Market
121(7)
Price Ceilings
121(2)
Price Floors
123(2)
Excise Taxes
125(1)
Quantity Restrictions
126(1)
Third-Party-Payer Markets
127(1)
Conclusion
128(12)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Appendix A: Algebraic Representation of Supply, Demand, and Equilibrium
133(7)
PART II MICROECONOMICS
Section I Microeconomics: The Basics
Describing Supply and Demand: Elasticities
140(26)
Price Elasticity
140(2)
What Information Price Elasticity Provides
141(1)
Classifying Demand and Supply as Elastic or Inelastic
141(1)
Elasticity Is Independent of Units
142(1)
Calculating Elasticities
142(3)
Other Examples
144(1)
Elasticity and Supply and Demand Curves
145(3)
Elasticity Is Not the Same as Slope
145(1)
Elasticity Changes along Straight-Line Curves
145(3)
Substitution and Elasticity
148(3)
Substitution and Demand
148(1)
Substitution and Supply
149(1)
How Substitution Factors Affect Specific Decisions
149(1)
Empirical Estimates of Elasticities of Demand and Supply
150(1)
Elasticity, Total Revenue, and Demand
151(3)
Total Revenue along a Demand Curve
152(1)
Elasticity of Individual and Market Demand
153(1)
Other Elasticity Concepts
154(4)
Income Elasticity of Demand
155(1)
Cross-Price Elasticity of Demand
156(1)
Some Examples
157(1)
The Power of Supply/Demand Analysis
158(2)
When Should a Supplier Not Raise Price?
158(1)
Elasticity and Shifting Supply and Demand
159(1)
Conclusion
160(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Taxation and Government Intervention
166(22)
Producer and Consumer Surplus
166(2)
Taxation and Government
168(8)
How Much Should Government Tax?
168(3)
Two Principles of Taxation
171(1)
Who Bears the Burden of a Tax?
172(3)
Tax Incidence and Current Policy Debates
175(1)
Government Intervention
176(6)
Government Intervention as Implicit Taxation
176(3)
Rent Seeking, Politics, and Elasticities
179(3)
Conclusion
182(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Section II Foundations of Supply and Demand
The Logic of Individual Choice: The Foundation of Supply and Demand
188(26)
Utility Theory and Individual Choice
188(3)
Measuring Pleasure
189(1)
Total Utility and Marginal Utility
189(1)
Diminishing Marginal Utility
190(1)
Rational Choice and Marginal Utility
191(2)
Some Choices
191(1)
The Principle of Rational Choice
192(1)
Simultaneous Decisions
193(1)
Maximizing Utility and Equilibrium
193(3)
An Example of Maximizing Utility
194(1)
Extending the Principle of Rational Choice
195(1)
Rational Choice and the Laws of Demand and Supply
196(3)
The Law of Supply
198(1)
Opportunity Cost
199(1)
Applying Economists' Theory of Choice to the Real World
199(4)
The Cost of Decision Making
199(1)
Given Tastes
200(1)
Behavioral Economics
201(2)
Conclusion
203(11)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Appendix A: Indifference Curve Analysis
208(6)
Production and Cost Analysis I
214(18)
The Role of the Firm
215(2)
The Firm and the Market
215(1)
Firms Maximize Profit
215(2)
The Production Process
217(3)
The Long Run and the Short Run
218(1)
Production Tables and Production Functions
218(1)
The Law of Diminishing Marginal Productivity
219(1)
The Costs of Production
220(2)
Fixed Costs, Variable Costs, and Total Costs
220(1)
Average Total Cost, Average Fixed Cost, and Average Variable Cost
221(1)
Marginal Cost
222(1)
Graphing Cost Curves
222(5)
Total Cost Curves
222(1)
Average and Marginal Cost Curves
222(1)
Downward-Sloping Shape of the Average Fixed Cost Curve
223(1)
The U Shape of the Average and Marginal Cost Curves
223(1)
The Relationship between the Marginal Productivity and Marginal Cost Curves
224(1)
The Relationship between the Marginal Cost and Average Cost Curves
225(2)
Intermission
227(5)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Production and Cost Analysis II
232(21)
Making Long-Run Production Decisions
232(1)
Technical Efficiency and Economic Efficiency
233(1)
Determinants of the Shape of the Long-Run Cost Curve
233(4)
Economies of Scale
233(2)
Diseconomies of Scale
235(1)
Constant Returns to Scale
236(1)
The Importance of Economies and Diseconomies of Scale
236(1)
Envelope Relationship
237(2)
Entrepreneurial Activity and the Supply Decision
239(1)
Using Cost Analysis in the Real World
240(5)
Economies of Scope
240(1)
Learning by Doing and Technological Change
241(2)
Many Dimensions
243(1)
Unmeasured Costs
243(1)
The Standard Model as a Framework
243(2)
Conclusion and a Look Ahead
245(8)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Appendix A: Isocost/Isoquant Analysis
248(5)
Section III Market Structure and Policy
Perfect Competition
253(23)
A Perfectly Competitive Market
253(4)
The Necessary Conditions for Perfect Competition
254(1)
The Definition of Supply and Perfect Competition
254(2)
Demand Curves for the Firm and the Industry
256(1)
The Profit-Maximizing Level of Output
257(4)
Marginal Revenue
258(1)
Marginal Cost
258(1)
Profit Maximization: MC = MR
258(1)
The Marginal Cost Curve Is the Supply Curve
259(1)
Firms Maximize Total Profit
260(1)
Profit Maximization Using Total Revenue and Total Cost
260(1)
Total Profit at the Profit-Maximizing Level of Output
261(4)
Determining Profit from a Table of Costs and Revenue
261(1)
Determining Profit from a Graph
262(2)
The Shutdown Point
264(1)
Short-Run Market Supply and Demand
265(1)
Long-Run Competitive Equilibrium
266(1)
Adjustment from the Short Run to the Long Run
267(3)
An Increase in Demand
267(1)
Long-Run Market Supply
268(2)
An Example in the Real World
270(1)
Conclusion
270(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Monopoly
276(21)
The Key Difference between a Monopolist and a Perfect Competitor
276(1)
A Model of Monopoly
277(4)
Determining the Monopolist's Price and Output Numerically
277(2)
Determining the Monopolist's Price and Output Graphically
279(1)
Comparing Monopoly and Perfect Competition
280(1)
An Example of Finding Output and Price
281(1)
Profits and Monopoly
281(3)
A Monopolist Making a Profit
282(1)
A Monopolist Breaking Even and Making a Loss
282(2)
The Welfare Loss from Monopoly
284(1)
The Price-Discriminating Monopolist
285(1)
Barriers to Entry and Monopoly
286(3)
Natural Ability
286(1)
Economies of Scale
286(3)
Government-Created Monopolies
289(1)
Normative Views of Monopoly
289(1)
Government Policy and Monopoly: AIDS Drugs
290(1)
Conclusion
291(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Appendix A: The Algebra of Competitive and Monopolistic Firms
295(2)
Monopolistic Competition, Oligopoly, and Strategic Pricing
297(24)
The Problems of Determining Market Structure
297(3)
Classifying Industries
298(1)
Determining Industry Structure
299(1)
Conglomerate Firms and Bigness
300(1)
The Importance of Classifying Industry Structure
300(1)
Characteristics of Monopolistic Competition
300(2)
Many Sellers
301(1)
Product Differentiation
301(1)
Multiple Dimensions of Competition
302(1)
Ease of Entry of New Firms in the Long Run
302(1)
Output, Price, and Profit of a Monopolistic Competitor
302(4)
Comparing Monopolistic Competition with Perfect Competition
303(2)
Comparing Monopolistic Competition with Monopoly
305(1)
Advertising and Monopolistic Competition
305(1)
Characteristics of Oligopoly
306(1)
Models of Oligopoly Behavior
306(4)
The Cartel Model
306(3)
The Contestable Market Model
309(1)
Comparison of the Contestable Market Model and the Cartel Model
309(1)
Strategic Pricing and Oligopoly
309(1)
Game Theory, Oligopoly, and Strategic Decision Making
310(6)
Prisoner's Dilemma and a Duopoly Example
311(2)
Duopoly and a Payoff Matrix
313(1)
Oligopoly Models, Structure, and Performance
314(2)
Conclusion
316(5)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Real-World Competition and Technology
321(20)
The Goals of Real-World Firms and the Monitoring Problem
321(3)
Short-Run versus Long-Run Profit
321(1)
The Problem with Profit Maximization
322(2)
What Do Real-World Firms Maximize?
324(1)
The Lazy Monopolist and X-Inefficiency
324(2)
How Competition Limits the Lazy Monopolist
325(1)
Motivations for Efficiency Other Than the Profit Incentive
326(1)
The Fight between Competitive and Monopolistic Forces
326(4)
How Monopolistic Forces Affect Perfect Competition
326(1)
Economic Insights and Real-World Competition
327(1)
How Competitive Forces Affect Monopoly
327(1)
Competition and Natural Monopoly
328(2)
How Firms Protect Their Monopolies
330(2)
Cost/Benefit Analysis of Creating and Maintaining Monopolies
330(1)
Establishing Market Position
331(1)
Technology
332(1)
Technology, Efficiency, and Market Structure
332(3)
Perfect Competition and Technology
333(1)
Monopolistic Competition and Technology
333(1)
Monopoly and Technology
333(1)
Oligopoly and Technology
333(1)
Network Externalities, Standards, and Technological Lock-In
334(1)
Conclusion
335(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Antitrust Policy and Regulation
341(26)
Antitrust Policy: Judgment by Performance or Structure?
341(1)
History of U.S. Antitrust Laws
342(5)
The Sherman Antitrust Act
342(1)
The Standard Oil and American Tobacco Cases: Judging Market Competitiveness by Performance
343(1)
The Clayton Act and the Federal Trade Commission Act
344(1)
The ALCOA Case: Judging Market Competitiveness by Structure
344(1)
Judging Markets by Structure and Performance: The Reality
345(2)
Recent Antitrust Enforcement
347(1)
Three Modern Antitrust Cases
347(7)
The IBM Case
347(2)
The AT&T Case
349(2)
The Microsoft Case
351(3)
Assessment of U.S. Antitrust Policy
354(1)
Mergers, Acquisitions, and Takeovers
354(4)
Acquisitions and Takeovers
355(1)
Mergers
355(2)
Recent Merger Activity and Deacquisitions
357(1)
Assessment of Mergers and Acquisitions
358(1)
International Competition and Antitrust Policy in Other Countries
358(2)
European Antitrust Policy
358(2)
Globalization and Antitrust in the Future
360(1)
Regulation, Government Ownership, and Industrial Policies
360(2)
Regulation
360(2)
Government Ownership
362(1)
Industrial Policies
362(1)
Conclusion
362(5)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Section IV Factor Markets
Work and the Labor Market
367(31)
The Supply of Labor
368(4)
Real Wages and the Opportunity Cost of Work
369(1)
The Supply of Labor and Nonmarket Activities
370(1)
Income Taxation, Work, and Leisure
371(1)
The Elasticity of the Supply of Labor
371(1)
Immigration and the International Supply of Labor
372(1)
The Derived Demand for Labor
372(4)
Factors Influencing the Elasticity of Demand for Labor
373(1)
Labor as a Factor of Production
374(1)
Shift Factors of Demand
374(2)
The Role of Other Forces in Wage Determination
376(1)
Imperfect Competition and the Labor Market
377(2)
Monopsony
377(1)
Union Monopoly Power
378(1)
Bilateral Monopoly
378(1)
Downsizing, Upsizing, and X-Inefficiency
378(1)
Political and Social Forces and the Labor Market
379(5)
Fairness and the Labor Market
379(2)
Job Discrimination and the Labor Market
381(3)
The Evolution of Labor Markets
384(1)
Conclusion: The Labor Market and You
384(14)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Appendix A: Derived Demand
392(6)
Who Gets What? The Distribution of Income
398(24)
Ways of Considering the Distribution of Income
399(1)
The Share Distribution of Income
399(3)
The Lorenz Curve
399(1)
U.S. Income Distribution over Time
400(2)
Defining Poverty
402(2)
The Official Definition of Poverty
402(1)
Debates about the Definition of Poverty
403(1)
The Costs of Poverty
403(1)
International Dimensions of Income Inequality
404(2)
Comparing Income Distribution across Countries
405(1)
Income Distribution among Countries
405(1)
The Total Amount of Income in Various Countries
406(1)
The Distribution of Wealth
406(1)
A Lorenz Curve of the Distribution of Wealth
406(1)
How Much Wealth Do the Wealthy Have?
407(1)
Socioeconomic Dimensions of Income Inequality
407(3)
Income Distribution According to Socioeconomic Characteristics
408(1)
Income Distribution According to Class
408(2)
Income Distribution and Fairness
410(2)
Philosophical Debates about Equality and Fairness
410(1)
Fairness and Equality
411(1)
Fairness as Equality of Opportunity
412(1)
The Problems of Redistributing Income
412(1)
Three Important Side Effects of Redistributive Programs
412(1)
Politics, Income Redistribution, and Fairness
413(1)
Income Redistribution Policies
413(5)
Taxation to Redistribute Income
414(1)
Expenditure Programs to Redistribute Income
415(2)
How Successful Have Income Redistribution Programs Been?
417(1)
Conclusion
418(4)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Section V Applying Economic Reasoning to Policy
Government Policy and Market Failures
422(20)
Market Failures
422(1)
Externalities
423(2)
A Negative Externality Example
424(1)
A Positive Externality Example
425(1)
Alternative Methods of Dealing with Externalities
425(4)
Direct Regulation
425(1)
Incentive Policies
426(2)
Voluntary Reductions
428(1)
The Optimal Policy
429(1)
Public Goods
429(3)
Excludability and the Costs of Pricing
431(1)
Informational Problems
432(1)
Policies to Deal with Informational Problems
433(3)
A Market in Information
434(1)
Licensing of Doctors
434(1)
The Informational Alternative to Licensure
435(1)
Government Failure and Market Failures
436(1)
Conclusion
437(5)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Politics and Economics: The Case of Agricultural Markets
442(16)
The Nature of Agricultural Markets
442(1)
The Good/Bad Paradox in Agriculture
443(3)
The Long-Run Decline of Farming
443(1)
The Short-Run Cyclical Problem Facing Farmers
444(1)
The Difficulty of Coordinating Farm Production
445(1)
Ways around the Good/Bad Paradox
445(1)
The General Rule of Political Economy
445(1)
Four Price Support Options
446(5)
Supporting the Price by Regulatory Measures
447(2)
Providing Economic Incentives to Reduce Supply
449(1)
Subsidizing the Sale of the Good
449(1)
Buying Up and Storing, Giving Away, or Destroying the Good
450(1)
Which Group Prefers Which Option?
450(1)
Economics, Politics, and Real-World Policies
451(1)
Interest Groups
451(1)
International Issues
452(1)
Conclusion
452(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Microeconomic Policy, Economic Reasoning, and Beyond
458(20)
Economists' Differing Views about Social Policy
459(2)
How Economists' Value Judgments Creep into Policy Proposals
459(1)
The Need for a Worldview
460(1)
Agreement among Economists about Social Policy
461(1)
Economists' Cost/Benefit Approach to Government Regulation
461(5)
The Value of Life
462(1)
Comparing Costs and Benefits of Different Dimensions
463(1)
Putting Cost/Benefit Analysis in Perspective
464(1)
The Problem of Other Things Changing
464(1)
The Cost/Benefit Approach in Context
465(1)
Failure of Market Outcomes
466(4)
Distribution
466(2)
Consumer Sovereignty and Rationality Problems
468(1)
Inalienable Rights
468(2)
Government Failure
470(2)
Conclusion
472(6)
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
International Trade Policy, Comparative Advantage, and Outsourcing
478
Patterns of Trade
478(5)
Increasing but Fluctuating World Trade
478(1)
Differences in the Importance of Trade
478(1)
What and with Whom the United States Trades
479(3)
Debtor and Creditor Nations
482(1)
The Principle of Comparative Advantage
483(3)
The Gains from Trade
483(2)
Dividing Up the Gains from Trade
485(1)
Comparative Advantage in Today's Economy
486(5)
Other Sources of U.S. Comparative Advantage
488(1)
Some Concerns about the Future
489(2)
Varieties of Trade Restrictions
491(4)
Tariffs and Quotas
492(2)
Voluntary Restraint Agreements
494(1)
Embargoes
494(1)
Regulatory Trade Restrictions
494(1)
Nationalistic Appeals
495(1)
Reasons for Trade Restrictions
495(5)
Unequal Internal Distribution of the Gains from Trade
495(2)
Haggling by Companies over the Gains from Trade
497(1)
Haggling by Countries over Trade Restrictions
497(1)
Specialized Production
498(1)
Macroeconomic Aspects of Trade
499(1)
National Security
500(1)
International Politics
500(1)
Increased Revenue Brought in by Tariffs
500(1)
Why Economists Generally Oppose Trade Restrictions
500(2)
Free Trade Increases Total Output
501(1)
International Trade Provides Competition
501(1)
Restrictions Based on National Security Are Often Abused or Evaded
502(1)
Trade Restrictions Are Addictive
502(1)
Institutions Supporting Free Trade
502(2)
Conclusion
504
Summary
Key Terms
Questions for Thought and Review
Problems and Exercises
Questions from Alternative Perspectives
Web Questions
Answers to Margin Questions
Nonwage and Asset Income: Rents, Profits, and Interest www.mhhe.com/economics/colander6
Glossary; Colloquial Glossary; Photo Credits; Index

David C. Colander is a professor at Middlebury College.



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