When it comes to explaining fundamental economic principles by drawing on current economic issues and events, no one is more effective than Nobel laureate and New York Times columnist Paul Krugman and co-author, Robin Wells. In this modular text, Krugman and Wells' signature storytelling style helps readers understand economic concepts in the real world. Instead of long, traditional chapters of traditional length, this version presents brief modules, each focused on one topic and easy to read in one sitting. The new edition is available as an Achieve online course that offers the best value and price.…mehr
When it comes to explaining fundamental economic principles by drawing on current economic issues and events, no one is more effective than Nobel laureate and New York Times columnist Paul Krugman and co-author, Robin Wells. In this modular text, Krugman and Wells' signature storytelling style helps readers understand economic concepts in the real world. Instead of long, traditional chapters of traditional length, this version presents brief modules, each focused on one topic and easy to read in one sitting. The new edition is available as an Achieve online course that offers the best value and price.
Section 1: Basic Economic Concepts Module 1: The Study of Economics Module 2: Models and the Production Possibility Frontier Module 3: Comparative Advantage and Trade Module 4: The Circular Flow Diagram Section 1A: Graphing Appendix Section 2: Supply and Demand Module 5: Demand Module 6: Supply and Equilibrium Module 7: Changes in Equilibrium Section 3: Market Efficiency and Government Policy Module 8: Consumer and Producer Surplus Module 9: Efficiency and Markets Module 10: Price Controls (Ceilings and Floors) Section 4: Elasticity and Law of Demand Module 11: Defining and Measuring Elasticity Module 12: Interpreting Price Elasticity of Demand Module 13: Other Elasticities Module 14: The Benefits and Costs of Taxation Section 5: International Trade Module 15: Gains from Trade Module 16: Supply, Demand, and International Trade Section 6: Economics and Decision Making Module 17: Making Decisions Module 18: Behavioral Economics Module 19: Maximizing Utility Section 7: Production and Costs Module 20: The Production Function Module 21: Firm Costs Module 22: Long-Run Costs and Economies of Scale Section 8: Market Structure and Perfect Competition Module 23: Introduction to Market Structure Module 24: Perfect Competition Module 25: Graphing Perfect Competition Module 26: Long-Run Outcomes in Perfect Competition Section 9: Monopoly Module 27: Monopoly in Practice Module 28: Monopoly and Public Policy Module 29: Price Discrimination Section 10: Oligopoly and Monopolistic Competition Module 30: Oligopoly Module 31: Game Theory Module 32: Monopolistic Competition Module 33: Product Differentiation and Advertising Section 11: Market Failure and the Role of Government Module 34: Externalities Module 35: Externalities and Public Policy Module 36: Public Goods and Common Resources Section 12: Factor Markets and the Distribution of Income Module 37: Factor Markets Module 38: Marginal Productivity Theory Module 39: The Market for Labor Module 40: The Economics of the Welfare State
Section 1: Basic Economic Concepts Module 1: The Study of Economics Module 2: Models and the Production Possibility Frontier Module 3: Comparative Advantage and Trade Module 4: The Circular Flow Diagram Section 1A: Graphing Appendix Section 2: Supply and Demand Module 5: Demand Module 6: Supply and Equilibrium Module 7: Changes in Equilibrium Section 3: Market Efficiency and Government Policy Module 8: Consumer and Producer Surplus Module 9: Efficiency and Markets Module 10: Price Controls (Ceilings and Floors) Section 4: Elasticity and Law of Demand Module 11: Defining and Measuring Elasticity Module 12: Interpreting Price Elasticity of Demand Module 13: Other Elasticities Module 14: The Benefits and Costs of Taxation Section 5: International Trade Module 15: Gains from Trade Module 16: Supply, Demand, and International Trade Section 6: Economics and Decision Making Module 17: Making Decisions Module 18: Behavioral Economics Module 19: Maximizing Utility Section 7: Production and Costs Module 20: The Production Function Module 21: Firm Costs Module 22: Long-Run Costs and Economies of Scale Section 8: Market Structure and Perfect Competition Module 23: Introduction to Market Structure Module 24: Perfect Competition Module 25: Graphing Perfect Competition Module 26: Long-Run Outcomes in Perfect Competition Section 9: Monopoly Module 27: Monopoly in Practice Module 28: Monopoly and Public Policy Module 29: Price Discrimination Section 10: Oligopoly and Monopolistic Competition Module 30: Oligopoly Module 31: Game Theory Module 32: Monopolistic Competition Module 33: Product Differentiation and Advertising Section 11: Market Failure and the Role of Government Module 34: Externalities Module 35: Externalities and Public Policy Module 36: Public Goods and Common Resources Section 12: Factor Markets and the Distribution of Income Module 37: Factor Markets Module 38: Marginal Productivity Theory Module 39: The Market for Labor Module 40: The Economics of the Welfare State
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