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  • Edition: 2nd
  • Format: Paperback
  • Copyright: 2008-09-25
  • Publisher: Worth Publishers

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The same unique voice that made Paul Krugman a widely read economist is evident on every page ofMicroeconomics. The product of the partnership of coauthors Krugman and Robin Wells, the book returns in a new edition.The new edition is informed and informative, solidly grounded in economic fundamentals yet focused on the realities of today's world and the lives of students. It maintains the signature Krugman/Wells story-driven approach while incorporating organizational changes, new content and features, and new media and supplements.Watch a video interview of Paul Krugman here .

Table of Contents

What is Economics?
Introduction: The Ordinary Business of Life First Principles
Economic Models: Trade-offs and Trade
Appendix: Graphs in Economics
Supply and Demand
Supply and Demand
Consumer and Producer Surplus
The Market Strikes Back Elasticity
Individuals and Markets
Taxes International Trade
Making Decisions
Title TBD (how consumers & producers make decisions?)
The Consumer
Rational Consumer Consumer
Preference and Choice
The Production Decision
Behind the Supply Curve: Inputs and Costs
Perfect Competition and Supply Curve
Market Structure: Beyond Perfect Competition
Monopoly Oligopoly Monopolistic
Competition and Product Differentiation
Microeconomics and Public
Policy Externalities
Public Goods and Common Resources
Economics of the Welfare State
Factor Markets and Risk Factor
Markets Risk and Financial Markets
Table of Contents provided by Publisher. All Rights Reserved.

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