Microeconomics / Edition 1

Microeconomics / Edition 1

by Paul Krugman, Robin Wells
     
 

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ISBN-10: 0716752298

ISBN-13: 9780716752295

Pub. Date: 10/28/2004

Publisher: Worth Publishers

When it comes drawing on enduring economic principles to explain current economic realities, there is no one readers trust more than Paul Krugman. With his bestselling introductory textbook (now in a new edition) the Nobel laureate and New York Times columnist is proving to be equally effective in the classroom, with more and more instructors in all types of

Overview

When it comes drawing on enduring economic principles to explain current economic realities, there is no one readers trust more than Paul Krugman. With his bestselling introductory textbook (now in a new edition) the Nobel laureate and New York Times columnist is proving to be equally effective in the classroom, with more and more instructors in all types of schools using Krugman’s signature storytelling style to help them introduce the fundamental principles of economics to all kinds of students.

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Product Details

ISBN-13:
9780716752295
Publisher:
Worth Publishers
Publication date:
10/28/2004
Edition description:
First Edition
Pages:
608
Product dimensions:
8.83(w) x 10.45(h) x 0.76(d)

Table of Contents

PART 1 What Is Economics?

Intro The Ordinary Business of Life

1 First Principles

2 Economic Models: Trade-offs and Trade 25

2 Appendix Graphs in Economics

PART 2 Supply and Demand

3 Supply and Demand

4 Consumer and Producer Surplus

5 Price Controls and Quotas: Meddling with Markets

6 Elasticity

PART 3 Individuals & Markets

7 Taxes

8 International Trade

PART 4 Economics and Decision Making

9 Decision Making by Individuals & Firms

Appendix Toward a Fuller Understanding of Present Value*

PART 5 The Consumer

10 The Rational Consumer

10 Appendix Consumer Preferences and Consumer Choice

PART 6 The Production Decision

11 Behind the Supply Curve: Inputs and Costs

12 Perfect Competition and the Supply Curve

PART 7 Market Structure: Beyond Perfect Competition

13 Monopoly

14 Oligopoly

15 Monopolistic Competition and Product Differentiation

PART 8 Microeconomics and Public Policy

16 Externalities

17 Public Goods & Common Resources

18 The Economics of the Welfare

PART 9 Factor Markets & Risk

19 Factor Markets and the Distribution of Income

19 Appendix Indifference Curve Analysis of Labor Supply

20 Uncertainty, Risk, and Private Information

Solutions to "Check Your Understanding" Questions

Glossary

Index

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