Economics
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The same unique voice that made Paul Krugman a widely read economist is evident on every page of Economics. 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.
Preface PART 1 WHAT IS ECONOMICS? Introduction The Ordinary Business of Life 1 First Principles 2. Economic Models: Trade-offs and Trade Appendix Graphs in EconomicsPART 2 SUPPLY AND DEMAND 3. Supply and Demand 4. The Market Strikes Back 5. ElasticityPART 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 CurvePART 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 Labor 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 InformationPART 9 MICROECONOMICS AND PUBLIC POLICY 19. Externalities 20. Public Goods and Common Resources 21. Taxes, Social Insurance, 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 SystemPART 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, Banking, and the Federal Reserve System 31. Monetary Policy PART 14 THE SUPPLY SIDE AND THE MEDIUM RUN 32. Labor Markets, Unemployment, and Inflation 33. Inflation, Disinflation, and DeflationPART 15 EVENTS AND IDEAS 34. The Making of Modern MacroeconomicsPART 16 THE OPEN ECONOMY 35. Open-Economy Macroeconomics Supplemental : Currencies and Crises Available on the Web, at www.worthpublishers.com/krugmanwells, and in booklet form.
