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Note: Supplemental materials are not guaranteed with Rental or Used book purchases.
Purchase Benefits
What is included with this book?
When it comes to explaining fundamental economic principles by drawing on current economic issues and events, no one is more effective than Nobel laureate and New York Times columnist Paul Krugman and co-author, Robin Wells. In this modular text, Krugman and Wells’ signature storytelling style helps readers understand economic concepts in the real world. Instead of long, traditional chapters of traditional length, this version presents brief modules, each focused on one topic and easy to read in one sitting.
The new edition is available as an Achieve online course that offers the best value and price.
Section 1: Basic Economic ConceptsModule 1: The Study of EconomicsModule 2: Models and the Production Possibility FrontierModule 3: Comparative Advantage and TradeModule 4: The Circular Flow DiagramSection 1A: Graphing Appendix
Section 2: Supply and DemandModule 5: DemandModule 6: Supply and EquilibriumModule 7: Changes in Equilibrium
Section 3: Market Efficiency and Government PolicyModule 8: Consumer and Producer SurplusModule 9: Efficiency and MarketsModule 10: Price Controls (Ceilings and Floors)
Section 4: Elasticity and Law of DemandModule 11: Defining and Measuring ElasticityModule 12: Interpreting Price Elasticity of DemandModule 13: Other ElasticitiesModule 14: The Benefits and Costs of Taxation
Section 5: International TradeModule 15: Gains from TradeModule 16: Supply, Demand, and International Trade
Section 6: Economics and Decision MakingModule 17: Making DecisionsModule 18: Behavioral EconomicsModule 19: Maximizing Utility
Section 7: Production and CostsModule 20: The Production FunctionModule 21: Firm CostsModule 22: Long-Run Costs and Economies of Scale
Section 8: Market Structure and Perfect CompetitionModule 23: Introduction to Market StructureModule 24: Perfect CompetitionModule 25: Graphing Perfect CompetitionModule 26: Long-Run Outcomes in Perfect Competition
Section 9: MonopolyModule 27: Monopoly in PracticeModule 28: Monopoly and Public PolicyModule 29: Price Discrimination
Section 10: Oligopoly and Monopolistic CompetitionModule 30: OligopolyModule 31: Game TheoryModule 32: Monopolistic CompetitionModule 33: Product Differentiation and Advertising
Section 11: Market Failure and the Role of GovernmentModule 34: ExternalitiesModule 35: Externalities and Public PolicyModule 36: Public Goods and Common Resources
Section 12: Factor Markets and the Distribution of IncomeModule 37: Factor MarketsModule 38: Marginal Productivity TheoryModule 39: The Market for LaborModule 40: The Economics of the Welfare State
The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.
The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.