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  • Edition: 3rd
  • Format: Paperback
  • Copyright: 2012-05-29
  • Publisher: Worth Publishers
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When it comes to explaining current economic conditions, there is no economist readers trust more than New York Times columnist and Nobel laureate Paul Krugman.  Term after term, Krugman is earning that same level of trust in the classroom, with more and more instructors introducing students to the fundamental principles of economics via Krugman’s signature storytelling style. The new Third Edition of Paul Krugman and Robin Wells’s Economics is their most accomplished yet—extensively updated to offer new examples and stories, new case studies from the business world, and expert coverage of the ongoing financial crisis.
Watch a video interview of Paul Krugman here.

Table of Contents

What Is Economics?
Intro: The Ordinary Business of Life
First Principles
Economic Models: Trade-offs and Trade
Appendix: Graphs in Economics
Supply And Demand
Supply and Demand
Price Controls and Quotas: Meddling with Markets
International Trade
Appendix: Consumer and Producer Surplus
Introduction To Macroeconomics
Macroeconomics: The Big Picture
Tracking the Macroeconomy
Unemployment and Inflation
Long-Run Economic Growth
Long-Run Economic Growth
Savings, Investment Spending, and the Financial System
Short-Run Economic Fluctuations
Income and Expenditure
Appendix: Deriving the Multiplier Algebraically
Aggregate Demand and Aggregate Supply
Stabilization Policy
Fiscal Policy
Appendix: Taxes and the Multiplier
Money, Banking, and the Federal Reserve System
Monetary Policy
Appendix: Reconciling Two Models of the Interest Rate
Inflation, Disinflation, and Deflation
Crises and Consequences
Events And Ideas
Events and Ideas
The Open Economy
Open-Economy Macroeconomics
Table of Contents provided by Publisher. All Rights Reserved.

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