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  • Edition: 3rd
  • Format: Paperback
  • Copyright: 2012-04-20
  • 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

PART 1 What is Economics?

Intro: 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 Consumer and Producer Surplus 
5 Price Controls and Quotas: Meddling with Markets
6 Elasticity
PART 3 Individuals and Markets
7 Taxes
8 International Trade
PART 4 Economics and Decision Making
9  Making Decisions
PART 5 The Consumer
10  The Rational Consumer
Appendix: Consumer Preferences and Consumer Choice
PART 6 The Production Decision
11  Behind the Supply Curve: Inputs and Costs
12  Perfect Competition and the Supply Curve
PART 7 Market Structure: Beyond Perfect Competition
13  Monopoly     
14  Oligopoly
15  Monopolistic Competition and Product Differentiation
PART 8 Microeconomics and Public Policy
16 Externalities
17  Public Goods and Common Resources
18 The Economics of the Welfare State
PART 9 Factor Markets and Risk
19  Factor Markets and the Distribution of Income
Appendix: Indifference Curve Analysis of Labor Supply
20 Uncertainty, Risk, and Private Information

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Customer Reviews

give your brain a break August 1, 2014
Really gives your brain a break. My teacher wasn't the greatest, but my book was.
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Wouldn't recommend this book February 5, 2014
"Thirteen reasons why by Jay Asher is about a quiet and shy buy named Clay who discovers a shoe box of seven cassette tapes has been sent to him by one of this dead class mates Hannah who recently killed herself. On the tapes are thirteen people/reasons why she did it. Clay gets very involved in her story and has been tasked at the end of the thirteenth tape must do right not only by Hannah, but also to the people that currently feel like her. Clay now has been inspired to pay it forward and help those who feel unwanted,"
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Microeconomics: 3.5 out of 5 stars based on 2 user reviews.

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