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‘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
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Produktbeschreibung
‘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
Autorenporträt
PAUL KRUGMAN is Professor of Economics at Princeton University, USA, where he regularly teaches the principles of economics course. Prior to his current position he taught at Yale, Stanford and MIT. He also spent a year on the staff of the Council of Economics Advisors in 1982-83. His research is mainly in the area of international trade, where he is one of the founders of the 'new trade theory'. He also works in international finance, with a concentration in currency crises.
In 1991, Krugman received the American Economic Association's John Bates Clark medal. His earlier publications ‘Peddling Prosperity’ and ‘The Age of Diminished Expectations’ have become modern classics and his book ‘The Great Unravelling: Losing Our Way in the New Century’ went straight to the top of the Amazon.com bestseller list.

ROBIN WELLS is Researcher in Economics at Princeton University, USA, where she teaches undergraduate courses. She has previously taught at the University of Southampton, the University of Michigan, Stanford and MIT. Her teaching and research focus on the theory of organizations and incentives. She writes regularly for academic journals.