Economics (High School), Third Edition, by Paul Krugman; Robin Wells - ©2013 from BFW High School Publishers

Economics (High School)

Third  Edition©2013  Paul Krugman; Robin Wells

ISBN:9781464110597

About

In Krugman and Wells's Economics, Third Edition, students are introduced to the fundamental principles of economics via the text's signature storytelling style, stories, and case studies from the business world.

Table of Contents

PART 1  What is Economics?
Intro: The Ordinary Business of Life
1.  First Principles
2.  Economic Models: Trade-offs and Trade
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 and Markets
7.  Taxes
8. International Trade
 
PART 4 Economics and Decision Making
9.  Making Decisions
 
PART 5 The Consumer
10.  The Rational Consumer
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 and Common Resources
18. The Economics of the Welfare State
 
PART 9 Factor Markets and Risk
19.  Factor Markets and the Distribution of Income
Appendix: Indifference Curve Analysis of Labor Supply
20. Uncertainty, Risk, and Private Information
 
PART 10 Introduction to Macroeconomics
21. Macroeconomics: The Big Picture
22. Tracking the Macroeconomy
23. Unemployment and Inflation
 
PART 11 Long-Run Economic Growth
24. Long-Run Economic Growth
25. Savings, Investment Spending, and the Financial System
 
PART 12 Short-Run Economic Fluctuations
26. Income and Expenditure
Appendix: Deriving the Multiplier Algebraically
27. Aggregate Demand and Aggregate Supply
 
PART 13 Stabilization Policy   
28. Fiscal Policy
Appendix: Taxes and the Multiplier
29. Money, Banking, and the Federal Reserve System
30. Monetary Policy
Appendix:  Reconciling Two Models of the Interest Rate
31. Inflation, Disinflation, and Deflation
New! 32. Crises and Consequences
 
Part 14   Events and Ideas
33. Events and Ideas
 
PART 15. The Open Economy
34. Open-Economy Macroeconomics 

Paul Krugman

Paul Krugman, recipient of the 2008 Nobel Memorial Prize in Economic Sciences, taught at Princeton University for 14 years. In 2015, he joined the faculty of the Graduate Center of the City University of New York, associated with the Luxembourg Income Study, which tracks and analyzes income inequality around the world. He received his BA from Yale and his PhD from MIT. Before Princeton, he taught at Yale, Stanford, and MIT. He also spent a year on the staff of the Council of Economic Advisers in 1982–1983. His research has included trailblazing work on international trade, economic geography, and 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 nontechnical audiences. He is a regular op-ed columnist for the New York Times. His best-selling trade books include End This Depression Now!, The Return of Depression Economics and the Crisis of 2008, a history of recent economic troubles and their implications for economic policy, and The Conscience of a Liberal, a study of the political economy of economic inequality and its relationship with political polarization from the Gilded Age to the present. His earlier books, Peddling Prosperity and The Age of Diminished Expectations, have become modern classics.

Robin Wells

Robin Wells was a lecturer and researcher in Economics at Princeton University, where she has taught undergraduate courses.  She received her BA from the University of Chicago and her PhD from the University of California, Berkeley; she then did her postdoctoral work at MIT.  She has taught at the University of Michigan, the University of Southhampton (United Kingdom), Stanford, and MIT.  Her teaching and research focus on the theory of organizations and incentives.