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Economics

ISBN-10: 1572591501
ISBN-13: 9781572591509
Edition: 2006
List price: $195.99
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Description: Krugman/Wells takes a story-driven approach that focuses on real-world economics at work. The book offers the hallmark clarity and engaging writing style that distinguish Paul Krugman's work, from his best-selling international economics text to his  More...

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Book details

List price: $195.99
Copyright year: 2006
Publisher: Worth Publishers, Incorporated
Publication date: 12/28/2005
Binding: Hardcover
Pages: 1200
Size: 8.75" wide x 11.25" long x 1.50" tall
Weight: 5.368
Language: English

Krugman/Wells takes a story-driven approach that focuses on real-world economics at work. The book offers the hallmark clarity and engaging writing style that distinguish Paul Krugman's work, from his best-selling international economics text to his "New York Times" best-sellers.

Paul Krugman was born on February 28, 1953. He received a B.S. in economics from Yale University in 1974 and a Ph.D from MIT in 1977. From 1982 to 1983, he worked at the Reagan White House as a member of the Council of Economic Advisers. He taught at numerous universities including Yale University, MIT, UC Berkeley, the London School of Economics, and Stanford University before becoming a professor of economics and international affairs at Princeton University in 2000. He has written over 200 scholarly papers and 20 books including Peddling Prosperity; International Economics: Theory and Policy; The Great Unraveling; and The Conscience of a Liberal. Since 2000, he has written a twice-weekly column for The New York Times. He received the 1991 John Bates Clark Medal and the 2008 Nobel Memorial Prize in Economic Sciences. His title End This Depression Now! made The New York Times Best Seller List for 2012.

Preface
What is Economics?
Introduction The Ordinary Business of Life
First Principles
Economic Models: Trade-offs and Trade
Appendix Graphs in Economics
Supply and Demand
Supply and Demand
The Market Strikes Back
Elasticity
Individuals and Markets
Consumer and Producer Surplus
Making Decisions
The Producer
Behind the Supply Curve: Inputs and Costs
Perfect Competition and the Supply Curve
The Consumer
The Rational Consumer
Consumer Preferences and Consumer Choice
Markets and Efficiency
Factor Markets and the Distribution of Income
Appendix: Indifference Curve Analysis of Labor Supply
Efficiency and Equity
Market Structure: Beyond Perfect Competition
Monopoly
Oligopoly
Monopolistic Competition and Product Differentiation
Extending Market Boundaries
International Trade
Uncertainty, Risk, and Private Information
Microeconomics and Public Policy
Externalities
Public Goods and Common Resources
Taxes, Social Insurance, and Income Distribution
New Directions for Markets
Technology, Information Goods, and Network Externalities
Introduction To Macroeconomics
Macroeconomics: The Big Picture
Tracking the Macroeconomy
The Economy in the Long Run
Long-Run Economic Growth
Savings, Investment Spending, and the Financial System
Short-Run Economic Fluctuations
Aggregate Supply and Aggregate Demand
Income and Expenditure
Appendix Deriving the Multiplier Algebraically
Fiscal Policy
Appendix Taxes and the Multiplier
Money, Banking, and the Federal Reserve System
Monetary Policy
The Supply Side and the Medium Run
Labor Markets, Unemployment, and Inflation
Inflation, Disinflation, and Deflation
Events and Ideas
The Making of Modern Macroeconomics
The Open Economy
Open-Economy Macroeconomics
Supplemental : Currencies and Crises
Available on the Web, at www.worthpublishers.com/krugmanwells, and in booklet form

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