‘Economics ‘combines the strengths of Paul Krugman and Robin Wells' ‘Microeconomics’ and ‘Macroeconomics’ textbooks into a single volume - providing students of economics with a complete introduction to the subject. The authors bring the subject to life in a rigorous but engaging way. The companion website is available at www.palgrave.com/economics/krugmanwells.
Supplements:
Instructor's Resource Manual to accompany ‘Economics’ (0-7167-5757-5), Study Guide to accompany ‘Microeconomics’ (0-7167-5755-9) and Study Guide to accompany ‘Macroeconomics’ (0-7167-5688-9); Instructor's Resource CD-Rom, Printed Testbank, Computer Testbank.
Content:
PART 1: WHAT IS ECONOMICS?
The Ordinary Business of Life
First Principles
Economic Models: Tradeoffs and Trade
Appendix: Graphs in Economics
PART 2: SUPPLY AND DEMAND
Supply and Demand
The Market Strikes Back
Elasticity
PART 3: INDIVIDUALS AND MARKETS
Consumer and Producer Surplus
Making Decisions
PART 4: THE PRODUCER
Behind the Supply Curve: Inputs and Costs
Perfect Competition and the Supply Curve
PART 5: THE CONSUMER
The Rational Consumer
Consumer Preferences and Consumer Choice
PART 6: MARKETS AND EFFICIENCY
Factor Markets and the Distribution of Income
Appendix: Indifference Curve Analysis of Labor Supply
Efficiency and Equity
PART 7: MARKET STRUCTURE BEYOND PERFECT COMPETITION
Monopoly
Oligopoly
Monopolistic Competition and Product Differentiation
PART 8: EXTENDING MARKET BOUNDARIES
International Trade
Uncertainty, Risk, and Private Information
PART 9: MICROECONOMICS AND PUBLIC POLICY
Externalities
Public Goods and Common Resources
Taxes, Social Insurance, and Income Distribution
PART 10: NEW DIRECTIONS FOR MARKETS
Technology, Innovation, and Network Externalities
PART 11: INTRODUCTION TO MARCOECONOMICS
Macroeconomics: The Big Picture
Tracking the Macroeconomy
PART 12: THE ECONOMY IN THE LONG RUN
Long-run Economic Growth
Saving, Investment Spending, and the Financial System
PART 13: SHORT-RUN ECONOMIC FLUCTUATIONS
Aggregate Supply and Aggregate Demand
Income and Expenditure
Appendix: Government in the Income Expenditure Model (tent. title)
Fiscal Policy
Monetary Institutions
Monetary Policy
PART 14: THE SUPPLY-SIDE AND THE MEDIUM RUN
Labor Markets, Unemployment, and Inflation
Inflation, Deflation, and Stagflation
PART 15: EVENTS AND IDEAS
The Making of Modern Macroeconomics
PART 16: THE OPEN ECONOMY
Open-Economy Macroeconomics
Supplements:
Instructor's Resource Manual to accompany ‘Economics’ (0-7167-5757-5), Study Guide to accompany ‘Microeconomics’ (0-7167-5755-9) and Study Guide to accompany ‘Macroeconomics’ (0-7167-5688-9); Instructor's Resource CD-Rom, Printed Testbank, Computer Testbank.
Content:
PART 1: WHAT IS ECONOMICS?
The Ordinary Business of Life
First Principles
Economic Models: Tradeoffs and Trade
Appendix: Graphs in Economics
PART 2: SUPPLY AND DEMAND
Supply and Demand
The Market Strikes Back
Elasticity
PART 3: INDIVIDUALS AND MARKETS
Consumer and Producer Surplus
Making Decisions
PART 4: THE PRODUCER
Behind the Supply Curve: Inputs and Costs
Perfect Competition and the Supply Curve
PART 5: THE CONSUMER
The Rational Consumer
Consumer Preferences and Consumer Choice
PART 6: MARKETS AND EFFICIENCY
Factor Markets and the Distribution of Income
Appendix: Indifference Curve Analysis of Labor Supply
Efficiency and Equity
PART 7: MARKET STRUCTURE BEYOND PERFECT COMPETITION
Monopoly
Oligopoly
Monopolistic Competition and Product Differentiation
PART 8: EXTENDING MARKET BOUNDARIES
International Trade
Uncertainty, Risk, and Private Information
PART 9: MICROECONOMICS AND PUBLIC POLICY
Externalities
Public Goods and Common Resources
Taxes, Social Insurance, and Income Distribution
PART 10: NEW DIRECTIONS FOR MARKETS
Technology, Innovation, and Network Externalities
PART 11: INTRODUCTION TO MARCOECONOMICS
Macroeconomics: The Big Picture
Tracking the Macroeconomy
PART 12: THE ECONOMY IN THE LONG RUN
Long-run Economic Growth
Saving, Investment Spending, and the Financial System
PART 13: SHORT-RUN ECONOMIC FLUCTUATIONS
Aggregate Supply and Aggregate Demand
Income and Expenditure
Appendix: Government in the Income Expenditure Model (tent. title)
Fiscal Policy
Monetary Institutions
Monetary Policy
PART 14: THE SUPPLY-SIDE AND THE MEDIUM RUN
Labor Markets, Unemployment, and Inflation
Inflation, Deflation, and Stagflation
PART 15: EVENTS AND IDEAS
The Making of Modern Macroeconomics
PART 16: THE OPEN ECONOMY
Open-Economy Macroeconomics