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‘Macroeconomics’ integrates models closely with real-world examples, so the relevance of the theoretical concept is clear throughout. The examples within the book cover a wide range of macroeconomic experiences from around the world. The companion website can be accessed via www.palgrave.com/economics/krugmanwells.
Supplements:
A Study Guide (0-7167-5688-9), Instructor's Resource Manual (0-7167-2424-3), Test Bank and Instructor's Resource CD-Rom accompany this text.
Table of contents:
PART 1: WHAT IS ECONOMICS?
The Ordinary Business of Life
First Principles
Economic
…mehr

Produktbeschreibung
‘Macroeconomics’ integrates models closely with real-world examples, so the relevance of the theoretical concept is clear throughout. The examples within the book cover a wide range of macroeconomic experiences from around the world. The companion website can be accessed via www.palgrave.com/economics/krugmanwells.
Supplements:
A Study Guide (0-7167-5688-9), Instructor's Resource Manual (0-7167-2424-3), Test Bank and Instructor's Resource CD-Rom accompany this text.

Table of contents:
PART 1: WHAT IS ECONOMICS?
The Ordinary Business of Life
First Principles
Economic Models: Trade-offs and Trade
Appendix: Graphs in Economics

PART 2: SUPPLY AND DEMAND
Supply and Demand
The Market Strikes Back
Consumer and Producer Surplus

PART 3: INTRODUCTION TO MACROECONOMICS
Macroeconomics: The Big Picture
Tracking the Macroeconomy
THE ECONOMY IN THE LONG RUN
Long Run Economic Growth
Saving, Investment and the Financial System
Taxes, Social Insurance and Income Distribution

PART 4: SHORT RUN ECONOMIC FLUCTUATIONS
Aggregate Supply and Aggregate Demand
Income and Expenditure
Fiscal Policy
Monetary Institutions
Monetary Policy
The Supply Side and the Medium Run
Labour Markets, Unemployment and Inflation
Inflation, Deflation and Stagflation

PART 5: EVENTS AND IDEAS
The Making of Modern Macroeconomics

PART 6: THE OPEN ECONOMY
International Trade
The Open Economy
Macroeconomic Policy in Open Economies
Currencies and Crises (available to adopters on the web)
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' with its focus on increasing returns and imperfect competition. 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. In addition to his teaching and academic research, Krugman writes extensively for non-technical audiences and is a regular op-ed columnist for the ‘New York Times’. His book ‘The Great Unravelling: Losing Our Way in the New Century’ went straight to the top of the Amazon.com bestseller list, while his earlier publications, ‘Peddling Prosperity’ and ‘The Age of Diminished Expectations’ have become modern classics.

ROBIN WELLS is Researcher in Economics at Princeton University, USA, where she teaches undergraduate courses. She has previously taught at the University of Southampton, UK, 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.