Economics: European Edition

by Krugman; Wells; Graddy

• ISBN13: 9780716799566
• ISBN10: 0716799561
• Edition: 1st
• Format: Hardcover
• Copyright: 2007-04-06
• Publisher: Worth Publishers

Summary

Economics: European Editionis the ideal text for introductory economics, bringing together an international scope of real world examples and economic theory. The text is supported by a number of features to enhance student understanding as well as supplements to consolidate the learning process.

Table of Contents

PART 1. WHAT IS ECONOMICS?
Introduction: The Ordinary Business of Life
1. First Principles
2. Economic Models: Trade-offs and Trade
Appendix: Graphs in Economics

PART 2. SUPPLY AND DEMAND
3. Supply and Demand
4. Price and Quantity Controls
5. Elasticity

PART 3. INDIVIDUALS AND MARKETS
6. Consumer and Producer Surplus
7. Making Decisions

PART 4. THE PRODUCER
8. Behind the Supply Curve: Inputs and Costs
9. Perfect Competition and the Supply Curve

PART 5. THE CONSUMER
10. The Rational Consumer
11. Consumer Preferences and Consumer Choice

PART 6. MARKETS AND EFFICIENCY
12. Factor Markets and the Distribution of Income
Appendix: Indifference Curve Analysis of Labour Supply
13. Efficiency and Equity

PART 7. MARKET STRUCTURE BEYOND PERFECT COMPETITION
14. Monopoly
15. Oligopoly
16. Monopolistic Competition and Product Differentiation

PART 8. EXTENDING MARKET BOUNDARIES
17. International Trade
18. Uncertainty, Risk, and Private Information

PART 9. MICROECONOMICS AND PUBLIC POLICY
19. Externalities
20. Public Goods and Common Resources
21. Taxes, Government Spending and Income Distribution

PART 10. NEW DIRECTIONS FOR MARKETS
22. Technology, Information Goods and Network Externalities

PART 11. INTRODUCTION TO MACROECONOMICS
23. Macroeconomics: The Big Picture
24. Tracking the Macroeconomy

PART 12. THE ECONOMY IN THE LONG RUN
25. Long­-­Run Economic Growth
26. Savings, Investment Spending, and the Financial System

PART 13. SHORT RUN ECONOMIC FLUCTUATIONS
27. Aggregate Supply and Aggregate Demand
28. Income and Expenditure
Appendix: Deriving the Multiplier Algebraically
29. Fiscal Policy
Appendix: Taxes and the Multiplier
30. Money and Banking
31. Monetary Policy

PART 14. THE SUPPLY SIDE AND THE MEDIUM RUN
32. Labour Markets, Unemployment and Inflation
33. Inflation, Disinflation, and Deflation

THE OPEN ECONOMY
34. Open­ -Economy Macroeconomics

EVENTS AND IDEAS
35.The Making of Modern Macroeconomics